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 ...

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 (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...

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 ...

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 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 are poised to dampen fiscal 2025 margins by 650-700 ...

(Reuters) - Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies including Hershey have had ...