Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
Despite sky-high inflation of the price of cocoa, The Hershey Co. believes it will emerge from the challenge in a better ...
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 ...
Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
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Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa CostsHershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
Hershey expects FY25 adjusted EPS of $6.00-$6.18, below the $7.37 estimate, citing cocoa price pressures. Get access to your new suite of high-powered trading tools, including real-time stock ...
Despite pricing in chocolate, the Reese’s brand owner has seen elasticities hold up, and is baking in a ... to elevated cocoa prices, but while Buck said Hershey has embraced that approach ...
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