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Surge in Cocoa Prices Shows Why Hershey Bets on DerivativesRecord-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 ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
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 ...
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 ...
Jakub Porzycki / NurPhoto via Getty Images Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa. The company also cut selling ...
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 ...
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 ...
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