The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling ...
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Visit this ...
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
Britannia raised prices by 2% in the December quarter and expects a cumulative price hike of 6-6.5% until the June quarter of ...
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