Hershey Unveils 2026 Investor Day Strategy; Reaffirms 2026 Guidance, Sees 4% To 5% Net Sales Growth, 2.5% To 3.5% Organic Sales Growth, 79% To 89% Reported EPS Growth, 30% To 35% Adjusted EPS Growth

Hershey Unveils Strategy to Lead Next Generation Snacking at 2026 Investor Day

HERSHEY, Pa., March 31, 2026 - The Hershey Company (NYSE:HSY) is hosting its 2026 Investor Day today at the New York Stock Exchange. During the event, the Company's executive leadership team will outline Hershey's strategic priorities and financial framework designed to Lead Next Generation Snacking and drive sustained, differentiated performance over the near and long term.

"Hershey is built to Lead Next Generation Snacking, and today we're sharing exactly how we get there," said Kirk Tanner, President and Chief Executive Officer of The Hershey Company. "With a differentiated portfolio, we are uniquely positioned to win with our iconic core brands and expand faster in high growth spaces. Through One Hershey, we go to market as one integrated team across sweet, salty, and functional snacking. The strategy is clear. The team is ready. The next chapter of growth and leading performance starts now."

At the Investor Day event, the Company's executive leadership team will highlight:

•Next Generation Portfolio and Innovation: Building on the strength of iconic confection brands to expand into premium and better-for-you options, while accelerating growth in salty and functional snacking categories, with a robust five-year innovation pipeline to grow the core and expand into the fastest-growing parts of snacking.

•One Hershey Commercial Model: Going to market as one integrated team across sweet, salty, and functional snacking to drive total portfolio growth, expand distribution, and sharpen execution at retail.

•Modern Supply Chain and Productivity: A faster, smarter and more resilient supply chain powered by automation, technology, and AI-enabled decision making, delivering sustained productivity gains that help fuel reinvestment.

•Differentiated Performance:The executive leadership team will lay out a clear path to restoring margin and earnings and sustaining long-term balanced top- and bottom-line growth, supporting top-tier shareholder returns.

Financial Outlook

The Hershey Company is reaffirming its net sales, organic sales and earnings per share guidance for fiscal year 2026.

1 Reflects an approximate 150 basis point benefit from the 2025 acquisition of LesserEvil, LLC.