Food Dive8d
Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Hershey forecasts lower-than-expected 2025 profit on higher cocoa prices
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
How Hershey Used Derivatives to Ease the Burden of High Cocoa Prices
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
Just-Food on MSN7d
Hershey views cocoa pressures as transitory but pricing ensues for now
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Hershey's Stock Pops As Q4 Earnings Beat Expectations—But Cocoa Prices Loom Over 2025 Outlook
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 ...
Wall Street Journal8d
Surge in Cocoa Prices Shows Why Hershey Bets on Derivatives
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 ...
Hershey Earnings Beat Forecasts, but High Cocoa Prices Sour Outlook
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
Barchart on MSN20h
Cocoa Prices Fall Back After This Week's Rally
ICE NY cocoa (CCH25) on Friday closed down -222 (-2.14%), and March ICE London cocoa #7 (CAH25) closed down -156 (-1.91%).