The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...

It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...

Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some relief. Pennsylvania-based Hershey said it booked a $460 million pretax ...

Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...

Cocoa prices have rocketed higher, putting pressure on Hershey's profitability. There's no quick solution to Hershey's headwinds, but the company has an ace in the hole to help it muddle through.

Credit: David Paul Morris/Bloomberg via Getty Images Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in ...

Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a $460 million pretax gain last year from its commodity derivative ...

Feb 6 (Reuters) - Hershey (HSY.N), opens new tab forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies ...

Despite a 9% pop in Hershey's fourth-quarter organic sales and a 60-basis-point uptick in adjusted gross margins to 44.8%, elevated cocoa costs ... at a mid-single-digit percentage clip in fiscal ...

Hershey expects FY25 adjusted EPS of $6.00-$6.18, below the $7.37 estimate, citing cocoa price pressures. Brand New Membership Level: Benzinga Trade Alerts The Hershey Company HSY shares are ...