Recently falling cocoa prices were a relief to chocolatiers such as Hershey, but Trump’s global tariffs will send prices ...

Hershey’s Q1 2025 profits plunged 72% as cocoa prices and tariffs squeezed margins. The confectionery giant is investing in ...

The Kisses maker said duties on the commodity, which cannot be grown in the U.S., is expected to result in millions of ...

Adjusted gross margins sank 370 basis points to 41.2%, on stepped-up cocoa costs. Organic sales plummeted 13%, but this came against a nearly 9% increase a year ago, when Hershey built inventory ...

Hershey Co. said Thursday that it is working to reduce the impact of tariffs on already higher cocoa prices by negotiating with the White House to avoid an estimated $100 million in costs in both ...