U.S. COMPANY FILING
THE HERSHEY COMPANY FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2025
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Hershey's 2025 net sales rose 4.4% to $11.69B, but gross margin fell to 33.5% and net income dropped 60.2% to $883M, with diluted EPS of $4.34. Higher costs, tariffs, and impairments drove the decline. The company acquired LesserEvil and repurchased shares.
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