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Investing.com - Shares in Hershey Co (NYSE:HSY) fell 4.44% in pre-market trading on Thursday after reporting fourth-quarter earnings on that surpassed analyst expectations, but warned of significant ...
What’s going on here? Hershey anticipates its 2025 profit will fall short of Wall Street expectations, as record-high cocoa prices bite into margins. Cocoa prices have caused quite the shakeup, nearly ...
(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 to ...
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, marketing, and administrative expenses.
Investing.com - Shares in Hershey Co (NYSE:HSY ... but warned of significant pressure on 2025 earnings due to surging cocoa prices. "In a more normal situation, EPS guidance coming in ~15% ...
Hershey expects FY25 adjusted EPS of $6.00-$6.18, below the $7.37 estimate, citing cocoa price pressures. Get two weeks of free access to pro-level trading tools, including news alerts ...
(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 ...