HSY Q3 2023 Earnings — The Hershey Company Revenue & Financial Results | Market Cap Arena

HSYThe Hershey Company

$45B

Q3 2023 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$3.0B+11.1% YoY

Gross Profit

$1.4B44.9% margin

Operating Income

$736M24.3% margin

Net Income

$519M17.1% margin

EPS (Diluted)

$2.52

QoQ Revenue Growth

+21.7%

Cash Flow

Operating Cash Flow

$516M

Free Cash Flow

$298M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$11.9B

Total Liabilities

$8.0B

Stockholders' Equity

$4.0B

Cash & Equivalents

$471M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.7B	+11.1%
Gross Profit	$1.4B	$1.1B	+22.7%
Operating Income	$736M	$557M	+32.2%
Net Income	$519M	$399M	+29.8%

Revenue Segments

North America Confectionery Segment

$2.5B88%

North America Salty Snacks Segment

$345M12%

Geographic Segments

North America Segment

$2.7B89%

International and Other Segment

$347M11%