HSYHershey
The Hershey Company was incorporated under the laws of the State of Delaware on October 24, 1927 as a successor to a business founded in 1894 by Milton S. Hershey. 10-K, Item 1
- Headquarters
- Hershey, PA
- CEO
- Kirk Tanner
- Next results
- around Feb 4, 2027
3 paragraphs in Risk Factors of the 10-K filed Feb 17, 2026 with nothing like them in the 10-K filed Feb 18, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Compared with the Risk Factors in the latest 10-K of the other 31 Consumer staples companies: a paragraph with at least half its words the same at another company is called similar, and the companies are listed under it. A paragraph most of them have is marked boilerplate. No line means no other company has one like it. This counts text; it does not say how serious a risk is.
Furthermore, artificial intelligence (“AI”) technologies have developed rapidly, and our business may be adversely affected if we cannot successfully integrate AI into our business in a timely, cost-effective, and compliant manner. Our competitors may incorporate AI into their business more successfully than us, which could have an adverse effect on our competitive position, reputation and operations.
Read in the 10-K ↗
In November 2025, we completed the acquisition of LesserEvil, LLC, previously a privately held company that produces and sells organic popcorn and puffed snack products to retailers and distributors in the United States and
Read in the 10-K ↗
Additionally, compliance with new and evolving laws, regulations or industry standards relating to AI may require significant investment and resources, and may limit our ability to use AI, which may result in reputational harm, legal liability or other adverse effects on our operations and overall business.
Read in the 10-K ↗
New in the latest 10-Q
3 paragraphs in the 10-Q filed Oct 29, 2026 with nothing like them in the 10-Q filed Jul 30, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
(1) In August 2026, we repaid $ 500,000 of 2.300 % Notes due upon their maturity.
Read in the 10-Q ↗
Contingent consideration liabilities associated with prior business combinations, as discussed in Note 2, are recorded at fair value each period, with changes in fair value recognized in earnings. These liabilities are primarily included within accrued liabilities, with the remaining amounts included within other long-term liabilities, in the Consolidated Balance Sheets. The related changes in fair value are reflected within SM&A expenses in the Consolidated Statements of Income.
Read in the 10-Q ↗
Pension Benefits Other Benefits Three Months Ended Three Months Ended September 27, 2026 September 28, 2025 September 27, 2026 September 28, 2025 Service cost $ 2,716 $ 3,544 $ 30 $ 29 Interest cost 8,280 9,253 1,252 1,235 Expected return on plan assets (12,200) (12,029) — — Amortization of prior service credit (757) (888) (97) (96) Amortization of net loss 1,156 3,554 990 312 Settlement loss 2,758 10,597 — — Total net periodic benefit cost $ 1,953 $ 14,031 $ 2,175 $ 1,480
Read in the 10-Q ↗
The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Oct 29, 2026 against Item 1A of the 10-K filed Feb 17, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted and underlined).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:
Read in the 10-Q ↗
When evaluating an investment in our Common Stock, investors should consider carefully, among other things, the risk factors previously disclosed in Part I, Item 1A, “Risk Factors,” of our 2025 Annual Report on Form 10-K and the information contained in this Quarterly Report on Form 10-Q and our other reports and registration statements filed with the SEC.
1 paragraph in the 10-Q's Item 1A, and none of them adds, rewords or quietly edits a paragraph of the 10-K's.
Work on HSY in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/HSY/export.csv") into a cell.