Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
The cost of cocoa on the global market is at record levels. After a strong price surge on supermarket shelves last year, ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
green up pointing triangle reported earnings missed that missed expectations and guided for a drop in 2025 adjusted earnings as it navigates rising cocoa costs. Shares fell 5% to $53.70 after the ...
Piper Sandler said that while its 2025 cocoa costs are locked, “2026 remains to be secured”. It believes that cocoa costs look unlikely to get much worse from current levels and were even ...
Mondelez expects approximately 5% revenue growth for 2025, supported by revenue growth management (RGM) initiatives and price adjustments. Management acknowledged that adjusted EPS is expected to ...
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
Shoppers buying chocolate in supermarkets are being warned to brace for higher prices due to climate change. Ghana and Ivory ...
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