Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
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 ...
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
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 ...
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 ...
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 ...