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1、 1 FINANCIAL CONTACT:MEDIA CONTACT:Anoori Naughton Allison Kleinfelter Hershey Reports First-Quarter 2025 Financial Results HERSHEY,Pa.,May 1,2025-The Hershey Company(NYSE:HSY)today announced net sales and earnings for the first quarter ended March 30,2025.“I am pleased with the progress we are maki

2、ng on our key strategic initiatives for the year,”said Michele Buck,The Hershey Company President and Chief Executive Officer.“Consumption in the quarter exceeded our expectations in both U.S.Candy,Mint,and Gum and Salty Snacks,driven by the strength of seasons,sweets,Dots and SkinnyPop.Despite heig

3、htened cost pressure,our strong balance sheet gives us flexibility to invest in the business and participate in recent strategic acquisitions that further expand our better-for-you portfolio and drive long-term value creation.”First-Quarter 2025 Financial Results Summary1 Consolidated net sales of$2

4、,805.4 million,a decrease of 13.8%.Organic,constant currency net sales decreased 13.2%.Reported net income of$224.2 million,or$1.10 per share-diluted,a decrease of 71.7%.Adjusted earnings per share-diluted of$2.09,a decrease of 31.9%.1 All comparisons for the first quarter of 2025 are with respect t

5、o the first quarter ended March 31,2024 2 2025 Full-Year Financial Outlook The Company is reiterating its net sales growth,reported earnings per share and adjusted earnings per share outlook for the year.Due to on-going negotiations and uncertainty regarding the duration,scale,and scope of U.S.impor

6、t and retaliatory tariffs by other countries this guidance only includes tariff expense,as understood today,expected for the second quarter of 2025.This guidance does not include assumptions about the ultimate impact of new tariff actions since the previous financial outlook for the full year,or the