ICE NY cocoa (CCH25) on Friday closed down -222 (-2.14%), and March ICE London cocoa #7 (CAH25) closed down -156 (-1.91%).
Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices ...
Hershey's stock price has plunged more than 45% from the highs it reached in 2023. That's a painful drawdown, but it has ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
If you don't own Hershey, but buy into the hold thesis, you might want to add it to your portfolio. But there's one key issue ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
Hershey's current stock decline is due to high cocoa prices, but historical trends suggest recovery once prices normalize.
Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...