HSY Q2 2023 Earnings — The Hershey Company Revenue & Financial Results | Market Cap Arena

HSYThe Hershey Company

$45B

Q2 2023 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$2.5B+5.0% YoY

Gross Profit

$1.1B45.5% margin

Operating Income

$561M22.5% margin

Net Income

$407M16.3% margin

EPS (Diluted)

$1.98

QoQ Revenue Growth

-16.6%

Cash Flow

Operating Cash Flow

$294M

Free Cash Flow

$140M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$11.5B

Total Liabilities

$7.8B

Stockholders' Equity

$3.7B

Cash & Equivalents

$446M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.4B	+5.0%
Gross Profit	$1.1B	$1000M	+13.2%
Operating Income	$561M	$457M	+22.8%
Net Income	$407M	$316M	+29.0%

Revenue Segments

North America Confectionery Segment

$2.0B88%

North America Salty Snacks Segment

$272M12%

Geographic Segments

North America Segment

$2.2B87%

International and Other Segment

$332M13%