Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...
Credit: David Paul Morris/Bloomberg via Getty Images Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
Analysts have adjusted their earnings per share (EPS) projections for Hershey, with estimates for fiscal year 2025 ranging from $7.05 to $7.65, down from previous forecasts. The impact of cocoa ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...
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 ...
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 ...