Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
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GlobalData on MSNHershey views cocoa pressures as transitory but pricing ensues for nowFurther pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
Hershey's current stock decline is due to high cocoa prices, but historical trends suggest recovery once prices normalize.
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Barchart on MSNCocoa Prices Settle Lower on Demand ConcernsICE NY cocoa Monday closed down -304 (-3.03%), and March ICE London cocoa #7 closed down -117 (-1.48%). Cocoa prices fell sharply on Monday and held just above last Friday's ...
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 ...
Barclays lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps an Equal Weight rating on the shares. The company guided ...
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, ...
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
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