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Hershey HSY Business realignment costs

Business realignment costs at other companies

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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 hsy:RestructuringChargesBusinessRealignment.

The source filing: Hershey’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 10:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050900
Line itemThree Months Ended / June 28, 2026Three Months Ended / June 29, 2025Six Months Ended / June 28, 2026Six Months Ended / June 29, 2025
Cost of sales1,523,9981,818,4453,405,4343,679,597
Gross profit1,263,308796,2732,486,0391,740,540
Selling, marketing and administrative expense620,552603,2071,196,5921,161,879
Business realignment costs1152556,11316,629
Operating profit642,641192,8111,283,334562,032
Interest expense, net49,96346,03599,78190,657
Other (income) expense, net4,398(2,336)2,578(1,391)
Income before income taxes588,280149,1121,180,975472,766

Item 1. Financial Statements.

FAQ

What is Hershey's business realignment costs?
Hershey (HSY) reported business realignment costs of $115K in Q2 2026.
How has Hershey's business realignment costs changed year-over-year?
Hershey's business realignment costs decreased by 54.9% year-over-year, from $255K to $115K.
What is the long-term trend for Hershey's business realignment costs?
Over 3 years (2021 to 2025), Hershey's business realignment costs has grown at a 80.1% compound annual growth rate (CAGR), from $3.53M to $20.59M.
What does business realignment costs mean?
This metric represents non-recurring expenses incurred by the company to reorganize operations, streamline business processes, or integrate acquired entities. These costs typically include severance payments, facility closure expenses, and consulting fees associated with strategic structural changes. Investors monitor these charges to distinguish between core operational performance and one-time costs related to long-term efficiency initiatives.

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