The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Stifel lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps a Hold rating on the shares after the company reported a ...
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 ...
Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...
ICE NY cocoa (CCH25) today is down -434 (-4.13%), and March ICE London cocoa #7 (CAH25) is down -255 (-3.08%). Cocoa prices today extended this week's sharp decline, with NY cocoa posting a 6-week low ...
Thursday closed down -420 (-3.99%), and March ICE London cocoa #7 (CAH25) closed down -256 (-3.10%). Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and ...
Hershey's dividend yield is at a 7-year high, signaling a potentially attractive entry point. Check out why I upgraded my ...