Hosted on MSN2h
Hershey views cocoa pressures as transitory but pricing ensues for now
Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
Hershey forecasts lower-than-expected 2025 profit on higher cocoa prices
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Business Insider1mon
Hershey’s Cocoa Procurement Strategy: Balancing Risks and Opportunities
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 ...
Reuters1mon
Hershey seeking CFTC approval to buy more ICE cocoa than allowed, says report
NEW YORK, Jan 8 (Reuters) - Chocolate maker Hershey Co (HSY.N), opens new tab has requested permission from the Commodity Futures Trading Commission (CFTC) to buy an amount of cocoa from the ...
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.