On this page of Benford's Law Stocks.com we present our study of HERSHEY CO — ticker symbol HSY. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 7/23/2020 to 5/1/2025 for HERSHEY CO under CIK number 0000047111. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for HSY, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for HERSHEY CO based on the past HSY filings our system processed in the past.
28.7
16.3
15.8
10.8
10.8
5.7
4.3
3.8
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 846
Recent share count: 147,949,462 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
846
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
94

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was above the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
Benford's Law Stocks Indicator
HSY
High score compared to other filers, with HSY falling in the highest quartile of filers.
GDDY
HBI
MAC
MDT
GES
HLLY
JILL
MCD
Check our work! We provide our HERSHEY CO Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the HSY filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 243 numbers that start with the digit 1. Here they are:
147,990,276
1,861,152
1,576,668
1,676,081
16,374
1,058,100
188,805
1.14
1.03
1.10
1.03
1.370
1.370
1.245
1.245
1,932
125
152
1,335
1,251
1,854
1,099
13,562
12,591
1,441
1,515,252
1,467,333
1,254,094
1,853,530
1,873,866
1,126,829
1,111,867
13,967,764
12,946,861
1,415,460
1,159,177
144,626
1,306,976
166,939,511
166,939
166,939
1,372,137
1,377,226
18,956,021
19,169,956
13,967,764
12,946,861
119,564
107,764
13,559
12,202
18,272
19,923
11,415
147,537
10,844
145,527
13,944
146,986
1,165,724
1,986,026
1,797
1,568
12,573
1,408
118,502
1,515,252
166,939
1,377,226
12,591
12,591
1.370
1.245
13,647
13,647
18,736
166,939
1,372,137
166,939
1,345,580
1,800,232
1.370
1.245
13,856
166,939
1,315,813
15,895
1,382
1,382
188
16,083
1,721,369
1,721,159
159,553
151,409
1,853,530
1,873,866
19,554
1.35
144,626
161,364
1,145,612
144,626
1,306,976
193,639
193,639
1.700
1,986,026
1,786
102,965
123,014
1,386
14,321
1,886
159
164
10,469
19,121
11,855
197,764
125
1,335
1,354
1,886
199,768
125
1,335
1,854
1,545
1,545
1,886
1,886
14,321
14,321
14,211
12,215
1,134
1,185
17,595
15,613
133,709
161,283
171,687
13,538
11,824
1,134
1,185
1,798
1,563
100,000
120,000
175,000
143,390
14,054
16,374
16,666
16,374
16,666
16,666
10,417
16,374
19.1
17,885
1,228
1,218
12,011
12,808
1,373
139
1,474
1,353
1,592
13,559
1,221
105,959
106.73
101.12
107.04
105.93
1,833
166.02
188.55
166.02
196.16
18.5
1,315,076
180,638
153,984
160,425
1,428,391
183,747
179,932
1,029,650
172,899
16,666
1,058,100
197,764
157,596
198,776
163,720
19,843
19,429
119,564
107,764
11,895
130,540
168,104
198,534
148,097
149,609
1.14
1.03
168,104
198,534
198,534
198,109
148,097
149,609
196
1.10
1.03
12
1,320
1,673,051
1,467,333
1,254,094
165,291
195,475
194,502
1,991,937
160,573
152,815
1,126,829
1,111,867
136,137
1,415,460
1,159,177
170,892
179,945
167,837
177,741
119,987
122,098
We found 138 numbers that start with the digit 2. Here they are:
2,805,419
224,203
224,203
2,883
2,189
2,541
277
236,794
2,707,786
2,705,753
25,495
2,269,560
2,278,551
291,299
224,203
270,794
269,582
207,243
202,055
2,408
213,304
227,569
271,594
273,404
2,738
26,404
221,655
2,266
2,278,551
224,203
224,203
202,460
202,460
2,269,560
291,299
230,078
204,596
204,596
22,301
2,285,370
230,835
2,032,857
2,705,753
2,034,702
2,707,786
295,458
282,819
2,281,716
2,281,332
20,568
2.300
2.450
2.650
22,266
274,738
242,791
242,791
248,016
22,401
267
2,300
2,299
2,271
242,791
242,791
2,734,322
2,250
2,213
27,020
25,515
227,053
29,501
209,578
212,928
200,000
250,000
225,000
2,612
25,854
25,854
21,379
21
27
2,437
2.0
21.3
250
204.65
268.24
273,976
207.25
27,134
204.08
2.8
21.7
244,525
2,300,140
277,798
227,481
2,805,419
288,690
28,726
211,453
25,854
2,707,310
275,106
270,333
218,015
20,251
211,453
218,015
21,846
21,760
2,467,754
2,854,432
2,805,419
213,935
203,600
205,411
26
224,203
234
203,141
204,875
27
204,674
2,059,598
269,792
2,010,638
209,578
212,928
215,122
226,774
230,446
29,168
241,659
262,649
291,299
We found 134 numbers that start with the digit 3. Here they are:
3,252,749
369,221
39,822
32,020
323,654
3.64
3.89
3.63
32
3,759,457
3,436,981
3,458,853
38,502
37,065
3,016,145
3,929,495
3,190,210
303,890
31,391
383,417
339,155
335,640
3,126
30,754
396,682
3,558
321
38,366
33,888
38,918
31,284
303,890
36,157
34,439
34,341
300,000
300,000
3.200
300,000
300,000
350,000
350,000
300,000
300,000
350,000
350,000
3.375
300,000
300,000
3.125
350,000
350,000
35,152
3,795,175
3,190,210
39,822
31,391
30,524
3,280
311,408
32,998
3,951
3,190,210
3,331,869
3,795,175
3.8
3.7
357,070
337,739
319,640
304,767
35,740
32,388
36,633
360,762
365,322
300,000
350,000
30.7
3,502
3,849
34
38
3,553
3,813
315
3,375
3,168
3,308
30,277
35,081
35,081
315,389
3.3
369,221
323,654
3,252,749
330,724
38,705
39,822
32,020
337,665
398,317
3,252,749
35,496
393,508
3.64
318
334
3.89
3.63
31,391
375
32,020
305,364
3,423,485
3,353,958
3,436,981
3,458,853
39,031
360,577
367,087
357,070
337,739
305,180
335,261
379,927
359,986
33,837
319,640
304,767
3,475
303,890
3,900
4's 5's 6's
We found 91 numbers that start with the digit 4. Here they are:
44,622
4.00
4,998
4,998
46
48
41
4,804,136
413,215
424,243
4,684,896
4,714,654
494,191
4,103
401,902
4,714,654
4,684,896
4,562,263
4,099,086
498,994
498,994
4,108,287
41,800
41,300
463
462,625
441,807
4.5
4.550
4.250
4.750
4.950
4.500
400,000
400,000
400,000
400,000
4.550
4.750
4.950
46,044
4,309
4,436
41,608
44,622
460
4,800
445
460
460
4,778,927
417,127
400,223
45,682
40,636
4,905
437,703
419,205
44,082
4,902
4,396
40,136
4,245
448,107
437,703
45,000
45.95
4.3
4,148
420,478
420,478
46,251
44,771
41,853
44,622
47,651
42,750
470
4.00
425
477,592
418,957
4,248,792
4,147,530
405,561
478,842
41,298
45,682
40,636
4,051
4,000
We found 91 numbers that start with the digit 5. Here they are:
54,613,514
558,672
51,036
5,177,251
54,613,514
54,614
54,614
5,652,065
5,698,316
5,986
56,334
569,134
5,017
569,809
537,076
520,404
54,614
5,698,316
54,614
5,652,065
54,614
54,614
5,087,126
552,733
552,594
500
500,000
500,000
500,000
500,000
500,000
5.100
500,000
5,780,868
5,177,251
500,000
500,000
500,000
500,000
5.100
54,916
50,607
5,985
5,225
514,623
515,247
523,845
533,115
53,857
51,792
5,361
5,225
5,225
514,623
514,623
597,547
5,177,251
5,379,251
5,780,868
5,666
51,191
55,757
53,087
57,989
55,000
5,412
5,986
579,834
549,557
544,098
538,803
55,307
52,654
53,857
500
500
56,099
598,919
54,614
54,614
56,099
598,919
56,099
56,125
54,614
54,614
54,614
54,614
54,614
54,614
592,265
We found 48 numbers that start with the digit 6. Here they are:
617,981
694
609
684
603,617
604,965
676,257
688,259
67,994
67,994
67,994
67,994
6,390
6,390
657,001
651
657,001
603,617
604,965
667,421
600,324
603,617
604,965
6.3
6.3
60,057
62,484
67,476
68,136
6,922
62,679
609,390
62
60,000
689
65.27
696,374
69,773
62,421
6,185
6,071
67,994
67,994
638
6,860,466
6,812,811
676,257
688,259
7's 8's 9's
We found 36 numbers that start with the digit 7. Here they are:
797,453
797,453
78
7
755
757
796,696
730,746
797,453
73,044
784,506
730,746
797,453
797,453
757
757
7,614
7,614
7,579
7,579
7.200
72,381
73,802
79,028
74,132
7,109
72,381
70,000
79,674
737,845
766,953
797,453
767,802
776,627
704,423
775,019
We found 32 numbers that start with the digit 8. Here they are:
84
853
879,633
800,402
826,947
807,341
8,232,207
8,975
80,174
8,991
8,598
8,424
8,424
8,424
8,761
8,761
8,080
8,080
87,077
87,999
82,785
88,902
889
816
84.13
84,998
8,991
807,918
826,947
807,341
85,790
87,006
We found 33 numbers that start with the digit 9. Here they are:
944,267
945
986,258
99,451
9,904
9,904
946
93
971
941,918
974,215
9,282,868
9,745
900
95,887
946
9,043
983
9,480
9,480
9,220
9,687
96
945
948,195
986,258
9
945
986,432
990,785
941,918
974,215
974
While the above HSY 10Q Filed 5/1/2025 is interesting in isolation, we have found that it is also useful to take a look at older HERSHEY CO filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/1/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical HSY 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

28.7
16.3
15.8
10.8
10.8
5.7
4.3
3.8
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 846

= Typical HSY range from 7/23/2020 to 5/1/2025
26.2
18.4
16.2
12.2
9.3
5.3
4.4
4.0
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 1,193

= Typical HSY range from 7/23/2020 to 5/1/2025
28.9
17.9
16.4
9.0
10.5
5.2
4.9
3.6
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 1,210

= Typical HSY range from 7/23/2020 to 5/1/2025
29.5
21.4
12.8
8.5
7.0
6.5
5.9
4.4
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,605

= Typical HSY range from 7/23/2020 to 5/1/2025
30.3
22.0
14.4
7.5
8.7
5.2
4.2
4.4
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 901

= Typical HSY range from 7/23/2020 to 5/1/2025
30.6
17.2
15.1
9.0
6.0
8.0
6.1
5.1
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,229

= Typical HSY range from 7/23/2020 to 5/1/2025
27.8
18.3
14.6
9.7
7.4
6.5
6.7
4.0
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,231

= Typical HSY range from 7/23/2020 to 5/1/2025
25.3
19.1
13.6
11.4
8.9
5.9
5.9
5.7
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,616

= Typical HSY range from 7/23/2020 to 5/1/2025
29.7
19.3
16.8
8.8
8.5
5.3
4.1
4.1
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 845

= Typical HSY range from 7/23/2020 to 5/1/2025
27.4
19.4
16.5
9.4
9.0
5.3
5.0
4.4
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,217

= Typical HSY range from 7/23/2020 to 5/1/2025
27.5
19.9
16.5
8.3
9.6
6.0
4.3
4.0
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,243

= Typical HSY range from 7/23/2020 to 5/1/2025
29.7
20.3
12.7
7.9
7.7
6.8
5.4
5.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,652

= Typical HSY range from 7/23/2020 to 5/1/2025
33.9
17.0
13.3
7.6
6.9
7.5
5.5
4.7
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 852

= Typical HSY range from 7/23/2020 to 5/1/2025
29.4
18.8
14.0
8.8
5.8
8.7
6.6
4.6
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 1,248

= Typical HSY range from 7/23/2020 to 5/1/2025
29.0
17.4
16.2
10.9
10.5
5.8
4.1
3.8
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 1,188

= Typical HSY range from 7/23/2020 to 5/1/2025
26.1
20.6
14.1
9.1
7.8
6.7
6.2
5.3
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,637

= Typical HSY range from 7/23/2020 to 5/1/2025
30.9
22.6
13.8
6.1
10.1
3.7
5.0
4.2
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 862

= Typical HSY range from 7/23/2020 to 5/1/2025
27.9
19.2
16.2
8.5
7.7
7.1
4.8
5.1
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,247

= Typical HSY range from 7/23/2020 to 5/1/2025
28.1
20.1
14.5
10.0
7.6
6.8
5.1
3.5
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,226

= Typical HSY range from 7/23/2020 to 5/1/2025
29.8
19.2
12.7
7.9
8.3
7.1
5.7
4.1
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 1,765

= Typical HSY range from 7/23/2020 to 5/1/2025
 

Benford's Law HSY Stock (HERSHEY CO) | www.Benford'sLawStocks.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.