Hershey Co Files 8-K: Material Agreement & Financial Obligation

Ticker: HSY · Form: 8-K · Filed: 2025-02-24T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation

Related Tickers: HSY

TL;DR

Hershey's got a new deal and a financial commitment on the books.

AI Summary

On February 24, 2025, The Hershey Company filed an 8-K report detailing a material definitive agreement and a direct financial obligation. The filing also includes financial statements and exhibits, with no specific dollar amounts or new agreements detailed in the provided text.

Why It Matters

This filing indicates Hershey Co has entered into a significant agreement and has a new financial obligation, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: low — The filing is a standard 8-K reporting routine events without immediate negative or positive financial disclosures.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by The Hershey Company?

The provided text does not specify the details of the material definitive agreement.

What is the specific financial obligation The Hershey Company has undertaken?

The filing mentions a direct financial obligation, but the exact nature and amount are not detailed in the provided text.

When was the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is February 24, 2025.

What is The Hershey Company's principal executive office address?

The principal executive offices are located at 19 East Chocolate Avenue, Hershey, PA 17033.

What is the SIC code for The Hershey Company?

The Standard Industrial Classification (SIC) code for The Hershey Company is 2060, for Sugar & Confectionery Products.

From the Filing

0001628280-25-007386.txt : 20250224 0001628280-25-007386.hdr.sgml : 20250224 20250224162611 ACCESSION NUMBER: 0001628280-25-007386 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 19 CONFORMED PERIOD OF REPORT: 20250224 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250224 DATE AS OF CHANGE: 20250224 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HERSHEY CO CENTRAL INDEX KEY: 0000047111 STANDARD INDUSTRIAL CLASSIFICATION: SUGAR & CONFECTIONERY PRODUCTS [2060] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 230691590 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00183 FILM NUMBER: 25657419 BUSINESS ADDRESS: STREET 1: 19 EAST CHOCOLATE AVENUE STREET 2: EXTERNAL RPTG & COMPLIANCE CITY: HERSHEY STATE: PA ZIP: 17033 BUSINESS PHONE: 7175344200 MAIL ADDRESS: STREET 1: 19 EAST CHOCOLATE AVENUE STREET 2: EXTERNAL RPTG & COMPLIANCE CITY: HERSHEY STATE: PA ZIP: 17033 FORMER COMPANY: FORMER CONFORMED NAME: HERSHEY FOODS CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HERSHEY CHOCOLATE CORP DATE OF NAME CHANGE: 19680401 8-K 1 hsy-20250224.htm 8-K hsy-20250224 0000047111 false 0000047111 2025-02-24 2025-02-24 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 24, 2025 Date of Report (Date of earliest event reported) THE HERSHEY CO MPANY (Exact name of registrant as specified in its charter) Delaware 1-183 23-0691590 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 19 East Chocolate Avenue Hershey , PA 17033 (Address of principal executive offices) (Zip Code) ( 717 ) 534-4200 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, one dollar par value HSY New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01. Entry Into a Material Definitive Agreement. On February 24, 2025, The Hershey Company (the “Registrant”) closed its previously announced public offering of $500,000,000 aggregate principal amount of 4.550% Notes due February 24, 2028 (the “2028 Notes”), $500,000,000 aggregate principal amount of 4.750% Notes due February 24, 2030 (the “2030 Notes”), $500,000,000 aggregate principal amount of 4.950% Notes due February 24, 2032 (the (“2032 Notes”) and $500,000,000 aggregate principal amount of 5

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