The Hershey (HSY) 10-K Summary — Year Ended Dec 31, 2023
The filing provides an overview of the company's business, financial performance, risk factors, and liquidity. Revenue grew compared to the prior year, while operating income, net income, and operating cash flow were reported.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing provides an overview of the company's business, financial performance, risk factors, and liquidity. Revenue grew compared to the prior year, while operating income, net income, and operating cash flow were reported.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$11.2B
Revenue reported for the fiscal year.
Operating income
$2.6B
Income from operations reported for the year.
Net income
$1.9B
Net income reported for the year.
Operating cash flow
$2.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $9B | n/a |
| Dec 31, 2022 | $10.4B | +16.1% |
| Dec 31, 2023 | $11.2B | +7.2% |
Business overview
The company's business is described in the Business overview section of the filing. It covers the company's operations and market presence.
Financial performance
Revenue increased compared to the prior year. Operating income, net income, and operating cash flow were all reported for the period.
Material risks
The filing's Risk Factors section outlines potential risks that could adversely affect the company's business, financial condition, or results. These include industry and operational risks.
Liquidity and capital
The Liquidity and Capital Resources section discusses the company's cash flows, capital allocation priorities, and financial flexibility.
What to watch
Monitor any changes in the revenue growth trajectory in the next filing.