Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.

The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...

The Hershey Company (NYSE:HSY), a leading North American chocolate and confectionery manufacturer with a market capitalization of $30.3 billion, faces significant challenges as it navigates rising ...

Hershey Canada is discontinuing Cherry Blossom, the novelty candy that consists of a syrupy maraschino cherry encased in milk chocolate with bits of coconut and peanut. "After being a cherished ...

Cocoa found support last week when chocolate maker Hershey Co. said it sought CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.

The most significant challenge facing Hershey is the persistent rise in cocoa prices. Cocoa futures have reached multi-year highs, driven by supply constraints due to factors such as disease affecting ...

On Wednesday, Citi analyst Thomas Palmer reiterated a Sell rating on Hershey stock with a price target of $159.00. With shares trading near $155, down over 16% in the past six months according to ...

Yet it hasn't been business as usual for Hershey lately. Soaring prices for cocoa, the main ingredient in chocolate, are a factor, and consumer spending trends haven't been favorable. The company ...

The Hershey Company (NYSE:HSY), a leading North American chocolate and confectionery manufacturer with a market capitalization of $30.65 billion, faces significant headwinds as it navigates through a ...