Hershey's stock has shown resilience by outperforming the S&P 500, indicating strong market performance. The company's growth in revenue and profitability across all segments, especially in North American Confectionary and Salty Snacks, suggests a positive outlook. Although high cocoa prices pose a challenge, management's expectation of cost improvements by 2026 due to operational changes and potential cocoa price normalization supports a positive short-term impact.