The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
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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Just-Food on MSNHershey views cocoa pressures as transitory but pricing ensues for nowHershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
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 beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
Jakub Porzycki / NurPhoto via Getty Images 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 ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
(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 ...
Hershey expects FY25 adjusted EPS of $6.00-$6.18, below the $7.37 estimate, citing cocoa price pressures. Brand New Membership Level: Benzinga Trade Alerts The Hershey Company HSY shares are ...
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 ...
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