Cost of sales increased significantly due to a $491 million unfavorable impact from commodity hedging activities, indicating major volatility and financial risk in their procurement strategy. This puts immense pressure on profitability and may trigger a review of risk management systems and strategies.
Filing excerpt
For the year ended December 31, 2025, in addition to higher commodity costs, our cost of sales increased compared to the same period of 2024 as a result of $491.0 million of unfavorable mark-to-market activity on our commodity derivative instruments intended to economically hedge future years’ commodity purchases.
What this signalsFilings often name leadership changes, deals and spending plans.
sec-10kmarginPressureGet every 10-K signal for Hershey and the companies you sell to, in the tools you already use.
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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/a0d592aa-9b70-4eec-ae56-0feb7048b864 returns this record as JSON. POST /v1/companies/enrich returns every signal for thehersheycompany.com.
{
"signal_id": "a0d592aa-9b70-4eec-ae56-0feb7048b864",
"signal_type": "sec-10k",
"signal_subtype": "marginPressure",
"detected_at": "2026-02-24T09:24:57.826+00:00",
"company": {
"name": "Hershey",
"domain": "thehersheycompany.com"
},
"data": {
"detail": "Cost of sales increased significantly due to a $491 million unfavorable impact from commodity hedging activities, indicating major volatility and financial risk in their procurement strategy. This puts immense pressure on profitability and may trigger a review of risk management systems and strategies.",
"metrics": {
"timeframe": "current_year",
"dollar_context": "Unfavorable mark-to-market activity on commodity derivative instruments impacting cost of sales for the year ended Dec 31, 2025.",
"dollar_millions": 491
},
"summary": "Company reports $491M unfavorable mark-to-market loss on commodity derivatives in 2025",
"excerpts": "For the year ended December 31, 2025, in addition to higher commodity costs, our cost of sales increased compared to the same period of 2024 as a result of $491.0 million of unfavorable mark-to-market activity on our commodity derivative instruments intended to economically hedge future years’ commodity purchases.",
"relevance": 0.9,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/47111/000162828026008586/hsy-20251231.htm",
"filing_date": "2026-02-17",
"filing_year": 2026,
"fiscal_year_end": "12/31",
"sales_relevance": "Efficiency tools needed",
"signal_category": "financial"
}
}
curl https://signals.autobound.ai/v1/signals/a0d592aa-9b70-4eec-ae56-0feb7048b864 \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"thehersheycompany.com","limit":20}'Long text fields are shortened on this page.
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