Hershey reports Q2 adjusted EPS $2.01, consensus $1.91

Reports Q2 revenue $2.49B, consensus $2.5B. “Our categories continue to perform well as consumer demand for great tasting snacks remains resilient across the globe,” said Michele Buck, The Hershey company president and CEO. “We delivered another quarter of strong net sales growth, gross margin expansion and double-digit earnings growth, enabling us to raise our full-year adjusted earnings outlook and increase our dividend 15%. New capacity and increased brand investment should enable us to sustain this momentum in the second half as we provide consumers with even more of their favorite snacks for seasonal celebrations and expand distribution across segments and markets.”