Hershey Appoints Dave Hulays CFO, Succeeding Steve Voskuil

Hershey named Dave Hulays as its new CFO, replacing Steve Voskuil, who will focus on strategic projects and retire in 2027. Hulays, a 12-year Hershey veteran, previously held finance roles at P&G. The company reported strong Q2 results and is expanding its snack offerings.

Hershey plans to expand its 2026 Halloween lineup with over 20 new products, including salty snacks from SkinnyPop, Pirate's Booty, and LesserEvil. The company cited consumer demand for healthier options and noted strong sales in smaller chocolate and candy packs. Hershey's Zero Sugar segment grew 4.3x over five years. The company also reported a 6.6% increase in Q2 net sales to $2.79 billion, with North America Salty Snacks sales up 22.9%.

Hershey (HSY) reported Q2 2026 consumption up 3% but said nonmeasured channels understated demand by about 2 points. It reaffirmed full-year adjusted EPS growth of 30% to 35% and net sales growth of 4% to 5%, with organic sales 2.5% to 3.5%. Q1 net sales were $3.1B and adjusted EPS $2.35. Capex is $425M to $475M.

Hershey Co. said it plans major 2H 2026 product launches and seasonal promotions, expecting higher brand investment and innovation spending. On Q2 ended June 28, net income rose to $457.7M ($2.32/share) and net sales to $2.78B. Confectionery sales rose 4.2% and salty snacks net sales rose 23%. Hershey raised 2026 guidance for net sales growth to 4.5% to 5% and EPS growth to 82% to 89%.

Hershey reported Q2 net sales of $2.79B, up 6.6% year on year, beating the $2.63B estimate, and adjusted EPS of $1.90 versus $1.42 expected, according to LSEG. Results reflected a 12% price increase and resilient demand for Reese’s and Dot’s, with volumes down 8%. Hershey raised the 2026 sales and profit forecast ranges and expects 2025 net sales growth of 4.5% to 5.0%.

Hershey reported Q2 revenue of $2.79B, above analysts’ $2.64B estimate, and adjusted EPS of $1.90 versus $1.43. Operating margin rose to 23.1%. Full-year adjusted EPS guidance is $8.44 midpoint. Management cited supply chain progress, channel gains, and innovation offsetting commodity and logistics pressures.