The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
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 ...
Credit: David Paul Morris/Bloomberg via Getty Images Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in ...
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Just-Food on MSNHershey views cocoa pressures as transitory but pricing ensues for nowHershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
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 ...
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.
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