The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Fat bloom, on the other hand, occurs when the chocolate is exposed to high temperatures. The cocoa butter separates from the ...
Monday closed down -304 (-3.03%), and March ICE London cocoa #7 (CAH25) closed down -117 (-1.48%). Cocoa prices fell sharply ...
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 ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...
Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in sales revenue. As cocoa prices hover near December’s ...
Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some relief. Pennsylvania-based Hershey said it booked a $460 million pretax ...
It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...
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 ...