Hershey now expects 2025 earnings to deteriorate, reflecting higher sourcing prices for cocoa. Learn why HSY stock is a Hold.
The amount of cocoa Hershey wants to buy is equivalent to roughly all of the beans currently in exchange warehouses that are certified or could be certified for delivery against futures contracts ...
1d
Barchart on MSNCocoa Prices Finish Higher on Ivory Coast Mid-Crop ConcernsWednesday closed up +100 (+1.25%), and May ICE London cocoa #7 (CAK25) closed up +62 (+1.00%). Cocoa prices Wednesday settled ...
2d
Barchart on MSNTechnical Short Covering Lifts Cocoa PricesICE NY cocoa (CCK25) today is up +250 (+3.19%), and May ICE London cocoa #7 (CAK25) is up +149 (+2.44%). Cocoa prices today ...
Hershey's stock faces cost headwinds in 2025 and short-term volatility. Click here to find out why I rate HSY stock a Buy.
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 ...
Hershey Co., the largest U.S. chocolate maker ... the world's two largest cocoa bean producers. Chocolate makers grind cocoa beans to make liqueur and butter used in product formulations.
NEW YORK (Reuters) - Chocolate maker Hershey Co said ICE New York cocoa futures market is disconnected from the reality of the global physical market due to the exchange's actions that led to lack ...
In addition, Hershey executives said on February 6 that ... the National Confectioners Association reported that Q4 North American cocoa bean grindings fell -1.2% y/y to 102,761 MT.
In addition, Hershey executives said on February 6 that ... the National Confectioners Association reported that Q4 North American cocoa bean grindings fell -1.2% y/y to 102,761 MT.
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