The problem of declining tree yield has led to an investigation into the effectiveness of foliar application of exogenous hormones to improve flowering, fruit set, and fruit retention in cashew. Five exogenous hormones, one Gibberellic Acid ($GA_3$) and four Auxins (IAA, IBA, NAA, and 2,4-D) at seven different rates of application (0 mg $L^{-1}$, 10 mg $L^{-1}$, 25 mg $L^{-1}$, 50 mg $L^{-1}$, 100 mg $L^{-1}$ 250 mg $L^{-1}$, and 500 mg $L^{-1}$) were tested on six yield-related components of the two Brazilian cashew genotypes. This trial was a factorial split-split-plot design with each treatment replicated five times within a tree and three replications (three trees) per genotype. Responses varied significantly between exogenous hormones, concentrations and genotypes. The cashew plants used showed hormone- specific and optimum concentration response patterns. Of the five exogenous hormones tested, $GA_3$ was most effective as its application at 50 - 100 mg $L^{-1}$ gave five-fold improvements in flowering (precocity and number of hermaphrodite flowers) and fruiting, and about 69% increase in fruit retention ability and 25% in nut size. Panicles treated with $GA_3$ also produced relatively bigger nuts compared to the untreated. Days to flowering was found to be hormone sensitive, while production of hermaphrodite flowers, fruit set, and nut development tended to be concentration specific. The $GA_3$ exhibited a broad concentration tolerance among the five exogenous hormones investigated. Our data showed that using $GA_3$ at 50 mg $L^{-1}$ will enhance flowering precocity, shorten flowering duration, increase production of hermaphrodite flowers and fruit set significantly, and resultant nuts develop optimally with high percentage retention. Thus, it suggests cashew yield could be increased by exogenous foliar application of $GA_3$ at 50 - 100 mg $L^{-1}$ at preblooming stage.