Despite sky-high inflation of the price of cocoa, The Hershey Co. believes it will emerge from the challenge in a better ...
Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
D.A. Davidson, and other analysts, say elevated cocoa prices continue to cast a dark cloud over chocolate makers such as Hershey, which have been forced to raise prices and risk alienating ...
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Operational challenges persist, with disappointing Q3 ...
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 ...
Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in sales revenue. As cocoa prices hover near December’s ...
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 ...
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 ...