The Hershey (HSY) Revenue — Quarter Ended Sep 29, 2024
Revenue for the quarter declined compared to the same period last year but rose sharply from the previous quarter. The company's trailing twelve-month revenue remained substantial.
Key takeaway
Quarter ended Sep 29, 2024 · FY2024 Q3
Revenue for the quarter declined compared to the same period last year but rose sharply from the previous quarter. The company's trailing twelve-month revenue remained substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
+44.0%
Change from the immediately preceding quarter.
Year-over-year
-1.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$11B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $2.7B | +0.2% |
| Mar 31, 2024 | $3.3B | +8.9% |
| Jun 30, 2024 | $2.1B | -16.7% |
| Sep 29, 2024 | $3B | -1.4% |
Revenue performance
Revenue was down from the year-ago quarter, reflecting a year-over-year decrease, while it increased significantly compared to the immediately preceding quarter.
Quarterly comparison
Relative to the preceding quarter, revenue showed a strong rebound. Versus the same quarter one year earlier, revenue was slightly lower.
What to watch
The filing discusses shifting consumer behavior due to cost fatigue and labor market constraints, which may influence future revenue trends.