Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
Speaking to analysts in November, Buck said Hershey had seen more competition in the US and overseas. Domestically, that had come from smaller players and private label; overseas, Hershey had seen ...
It has been a volatile week. Stocks fell on Monday after President Donald Trump over the weekend announced 10% tariffs on ...
Hershey’s, Ghirardelli, Starbucks, and Equal Exchange are two common supermarket brands of vegan hot cocoa mix. Good & Gather ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
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 ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Operational challenges persist, with disappointing Q3 ...
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 ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...