For the quarter ending 2026-03-29, HSY had -$48,883K decrease in cash & cash equivalents over the period. $354,208K in free cash flow.
| Cash Flow | 2026-03-29 | 2025-12-31 | 2025-09-28 | 2025-06-29 |
|---|---|---|---|---|
| Net income | 435,105 | 320,017 | 276,320 | 62,719 |
| Depreciation and amortization | 133,002 | 132,521 | 127,783 | 123,833 |
| Stock-based compensation expense | 17,132 | 19,007 | 15,450 | 17,444 |
| Deferred income taxes | 26,163 | 84,503 | 53,826 | -3,834 |
| Goodwill impairment charges | - | 6,403 | - | - |
| Write-down of equity investments | - | 24,483 | 0 | 0 |
| Unrealized losses on derivative contracts | -105,204 | 10,692 | -76,398 | -193,945 |
| Other | 24,891 | 23,703 | 34,763 | 24,489 |
| Accounts receivabletrade, net | 247,560 | -255,947 | 146,572 | -62,637 |
| Inventories | 4,244 | -311,694 | -131,557 | 369,328 |
| Prepaid expenses and other current assets | 135,733 | -78,208 | -215,936 | 108,523 |
| Accounts payable and accrued liabilities | 21,215 | -290,147 | 70,958 | 47,044 |
| Accrued income taxes | 119,049 | -76,674 | -3,905 | 82,600 |
| Contributions to pension and other benefit plans | 3,337 | 5,689 | 3,435 | 3,417 |
| Other assets and liabilities | 22,081 | -53,269 | 7,163 | 17,393 |
| Net cash provided by operating activities | 468,806 | 926,553 | 841,916 | 112,216 |
| Capital additions (including software) | 114,598 | 138,085 | 85,922 | 85,088 |
| Receipts related to equity investments in tax credit qualifying partnerships | -3,648 | 2,383 | -5,235 | -5,468 |
| Business acquisitions, net of cash and cash equivalents acquired | - | 756,135 | - | - |
| Purchase of intangible assets | - | 0 | 0 | 73,597 |
| Other investing activities | 6,174 | -68 | -286 | 1,578 |
| Net cash used in investing activities | -117,124 | -896,535 | -80,401 | -154,795 |
| Net decrease in short-term debt | -48,001 | 3,736 | 49,171 | 14,086 |
| Long-term borrowings, net of debt issuance costs | 0 | 0 | 0 | -1,481 |
| Repayment of long-term debt and finance leases | 1,606 | 1,752 | 301,324 | 301,520 |
| Cash dividends paid | 287,997 | 271,341 | 271,130 | 271,231 |
| Repurchase of common stock | 69,270 | 0 | 0 | 0 |
| Proceeds from exercised stock options | 14,998 | 4,039 | 10,318 | 4,202 |
| Taxes withheld and paid on employee stock awards | 10,968 | 1,597 | 985 | 3,624 |
| Net cash (used in) provided by financing activities | -402,844 | -266,915 | -513,950 | -559,568 |
| Effect of exchange rate changes on cash and cash equivalents | 2,279 | -261 | 3,107 | -760 |
| Net (decrease) increase in cash and cash equivalents | -48,883 | -237,158 | 250,672 | -602,907 |
| Cash and cash equivalents, beginning of period | 925,859 | 1,163,017 | 912,345 | 1,515,252 |
| Cash and cash equivalents, end of period | 876,976 | 925,859 | 1,163,017 | 912,345 |
HERSHEY CO (HSY)
HERSHEY CO (HSY)