11h
GlobalData on MSNHershey views cocoa pressures as transitory but pricing ensues for nowFurther pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary companies like Hershey (HSY) and Mondelez (MDLZ). “We are laser ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Initially, concerns were raised when Hershey sought permission from the Commodity Futures Trading Commission to purchase a significant amount of cocoa, which led to speculation about rising cocoa ...
NEW YORK: Hershey Co is asking the top US derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record ...
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 (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 Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results