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Hershey HSY North America Confectionery — Measurement period adjustments

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North America Salty Snacks
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Other financials

Income statement

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Revenue$2.8B+6.6%
Gross profit$1.3B+58.7%
Operating income$642.6M+233%
Net income$457.7M+630%
EPS (diluted)$2.26+629%

Balance sheet

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Cash & equivalents$791.2M-13.3%
Total debt$5.5B+828%
Total equity$4.6B-1.7%
Total assets$14.0B+2.4%

Cash flow

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Operating cash flow$419.3M+274%
CapEx$89.8M+5.6%
Free cash flow$329.5M+1,115%

Valuation

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Market cap$36.08B-5.6%
Enterprise value$40.79B+7.6%
P/E24.2×-0.8×
P/S-0.4×

Profitability

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Gross margin38.4%-1.7pp
Operating margin17.8%-0.9pp
Net margin12.2%-1.3pp
FCF margin18.3%+3.7pp

Returns & leverage

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Return on equity18.9%-31.5pp
Debt / equity1.1×+0.8×
Current ratio1.2×-0.3×

Where this comes from

Reported directly by Hershey in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The source filing: Hershey’s 10-Q, filed May 1, 2025.

Filed
May 1, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0000047111-25-000044
Line itemNorth America ConfectioneryNorth America Salty SnacksInternationalTotal
Balance at December 31, 2024$2,032,857$657,001$15,895$2,705,753
Measurement period adjustments1,3821,382
Foreign currency translation463188651
Balance at March 30, 2025$2,034,702$657,001$16,083$2,707,786

Item 1. Financial Statements.

FAQ

What is Hershey's north america confectionery — measurement period adjustments?
Hershey (HSY) reported north america confectionery — measurement period adjustments of $1.38M in Q1 2025.
What does north america confectionery — measurement period adjustments mean?
Represents adjustments made to the provisional amounts recognized in a business combination during the measurement period. These adjustments reflect new information obtained about facts and circumstances that existed as of the acquisition date. Monitoring these changes helps investors assess the accuracy of initial purchase price allocations and the quality of acquired asset valuations.

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