Exhibit 99.1
Melissa Poole
Jeff Beckman

Hershey Reports Third-Quarter 2018 Financial Results
Reaffirms 2018 Reported Net Sales and Adjusted Earnings Outlook

HERSHEY, Pa., October 25, 2018
- The Hershey Company (NYSE: HSY) today announced sales and earnings for the third quarter ended September 30, 2018 and reaffirmed its 2018 reported net sales and adjusted earnings outlook.

“We remain on track to achieve the financial targets we shared earlier this year, and I am pleased with the progress we are making against our key strategic focus areas,” said Michele Buck, The Hershey Company President and Chief Executive Officer. “Our U.S. core confection retail takeaway and share trends are sequentially improving, in line with our expectations driven by strong Halloween results and distribution gains on core items. The addition of Pirate Brands strengthens our brand portfolio and marks our second high-growth, high-margin acquisition this year to capture incremental snacking occasions. Our International business continues to deliver profitability improvements while driving strong constant currency organic sales growth. Importantly, we are achieving these results while staying true to our values and purpose, as evidenced by being named to the Dow Jones Sustainability World Index for the 6th consecutive year.”

Third Quarter 2018 Financial Results Summary 1 
Consolidated net sales of $2,079.6 million, an increase of 2.3%.
Constant currency net sales growth of 3.0%, with a 0.7 point headwind from foreign currency exchange.
The net impact of acquisitions and divestitures was a 2.5 point benefit to net sales growth.
Reported net income of $263.7 million, or $1.25 per share-diluted.
Adjusted earnings per share-diluted of $1.55, an increase of 20.2%.
1 All comparisons for the third quarter of 2018 are with respect to the third quarter ended October 1, 2017


The following information was filed by Hershey Co (HSY) on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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