Despite sky-high inflation of the price of cocoa, The Hershey Co. believes it will emerge from the challenge in a better ...
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 ...
Friday closed down -1,141 (-11.33%), and March ICE London cocoa #7 (CAH25) closed down -605 (-7.64%). Cocoa prices plunged ...
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 ...
ICE NY cocoa (CCH25) today is down -1,124 (-11.16%), and March ICE London cocoa #7 (CAH25) is down -624 (-7.88%). Cocoa ...
Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
Cocoa prices have rocketed higher, putting pressure on Hershey's profitability. There's no quick solution to Hershey's headwinds, but the company has an ace in the hole to help it muddle through.
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 ...
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 ...