It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
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 ...
Jakub Porzycki / NurPhoto via Getty Images Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa. The company also cut selling ...
Hershey expects FY25 adjusted EPS of $6.00-$6.18, below the $7.37 estimate, citing cocoa price pressures. Brand New Membership Level: Benzinga Trade Alerts The Hershey Company HSY shares are ...
(Reuters) - Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies including Hershey have had ...
Feb 6 (Reuters) - Hershey (HSY.N), opens new tab forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies ...
Mondelēz International and Hershey warned that stubbornly high cocoa prices are expected to weigh on their businesses throughout 2025. Dirk Van de Put, Mondelēz CEO, said in a statement that the ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Despite a 9% pop in Hershey's fourth-quarter organic sales and a 60-basis-point uptick in adjusted gross margins to 44.8%, elevated cocoa costs are poised to dampen fiscal 2025 margins by 650-700 ...
(Reuters) - Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies including Hershey have had to ...
Investing.com - Shares in Hershey Co (NYSE:HSY ... but warned of significant pressure on 2025 earnings due to surging cocoa prices. "In a more normal situation, EPS guidance coming in ~15% ...