Hershey Company (The) (HSY)
NYSEConsumer StaplesFood ConfectionersSnapshot 2026-11-04
$174.50+4.15%
Close 2026-11-04 · 1-day change
NYSEConsumer StaplesFood ConfectionersSnapshot 2026-11-04
QuarterlyIQ Insights · HSY
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 45.4% |
| Our one-year growth estimate | diamond | 2.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 43.4 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 1 industry peers · Company calendar date is not available
HSY — CFO transition
Dated 2026-09-02
CFO — Dave Hulays: The CFO role was filled by an internal promotion (Hulays) while the outgoing CFO (Voskuil) transitions to a strategic role before retiring, indicating an orderly succession rather than a sudden loss of leadership.
Why it matters: Hershey named Dave Hulays as CFO after Dave Voskuil began a move to a strategic role. A clear handoff would confirm the planned succession is on track.
Watch forA company filing or release confirms Hulays is now CFO and Voskuil has left the role as planned.
Also watch forA company filing or release reports a delay, reversal, or other change in the CFO handoff.
Why it matters: Q3 adjusted gross margin reached 42.7%, helped by price, lower commodity costs, and savings. Keeping it high would support the stated margin recovery.
Supportive ifAdjusted gross margin is above 42% in the next reported quarter.
Worry ifAdjusted gross margin is below 40% in the next reported quarter.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$110 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $266 loss on $10,000 · 2.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,330 loss on $10,000 · 33.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.