Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some ...

Hershey ended a turbulent 2024 relatively well while surging cocoa prices affected the company. Derivative hedges eased earnings pressure in 2024 against stagnating adjusted earnings. After a more ...

Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...

I rate The Hershey Company stock as a HOLD, waiting for the earnings hype to cool down before potentially buying. I expect cocoa prices to keep rising due to climate change, negatively impacting ...

Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...

Last Thursday, NY cocoa rose to a 1-1/4 month high on signs of a weak mid-crop cocoa harvest in West Africa. According to Rabobank, late-arriving rains in the region have limited crop growth, and ...

Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...

Big chocolate brands such as Nestle, Hershey and Mondelēz, which makes Cadbury and Milka, have all raised prices, too, and warn of further increases over this year. The world’s supply of cocoa ...

Tricia Brannigan, Hershey's vice president for procurement ... ICE declined to comment. ICE cocoa futures prices in New York and London have fluctuated wildly in recent months after hitting ...

HSY's LesserEvil acquisition strengthens its better-for-you snack portfolio to meet evolving consumer preferences.