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Hosted on MSNCocoa Prices Under Pressure as Chocolate Makers Signal Weak DemandICE NY cocoa (CCH25) today is down -71 (-0.70%), and March ICE London cocoa #7 (CAH25) is down -69 (-0.862%). Cocoa prices ...
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for the fourth quarter of 2024. As of 2:30 p.m. ET, Hershey stock was up about 5% ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 ...
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