The Hershey Company (HSY) Q2 2024 Earnings Call Transcript

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Q2: 2024-08-01 Earnings Summary

10-Q
EPS of $1.27 misses by $0.18 | Revenue of $2.07B (-16.70% Y/Y) misses by $246.38M

The Hershey Company (NYSE:HSY) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET

Company Participants

Anoori Naughton - Senior Director, Investor Relations
Michele Buck - Chairman & Chief Executive Officer
Steve Voskuil - Senior Vice President & Chief Financial Officer

Conference Call Participants

Ken Goldman - JPMorgan
Andrew Lazar - Barclays
Alexia Howard - Bernstein
Bryan Spillane - Bank of America
David Palmer - Evercore ISI
Max Gumport - BNP Paribas
Tom Palmer - Citi
Robert Moskow - TD Cowen
Jim Salera - Stephens
Michael Lavery - Piper Sandler
Chris Carey - Wells Fargo
Rob Dickerson - Jefferies
Stephen Powers - Deutsche Bank

Operator

Greetings, and welcome to The Hershey Company's Second Quarter 2024 Earnings Question-and-Answer Session. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Anoori Naughton, Senior Director of Investor Relations. Thank you, Ms. Naughton, you may begin.

Anoori Naughton

Good morning, everyone. Thank you for joining us today for The Hershey Company's second quarter 2024 earnings Q&A session. I hope everyone has had the chance to read our press release and listen to our prerecorded management remarks, both of which are available on our website. In addition, we have posted a transcript of the pre-recorded remarks. At the conclusion of today's live Q&A session, we will also post a transcript and audio replay of this call.

Please note that during today's Q&A session, we may make forward-looking statements that are subject to various risks and uncertainties. These statements [including] (ph) expectations and assumptions regarding the company's future operations and financial performance. Actual results could differ materially from those projected. The company undertakes no obligation to update these statements based on subsequent events. A detailed listing of such risks and uncertainties can be found in today's press release and the company's SEC filings.

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