Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...

Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices ...

Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...

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 ...

“The outlook has worsened,” said Piper Sandler analyst Michael Lavery, as the severely dry November and December risks a continued deficit of the cocoa bean, prompting a downgrade in Hershey ...

To offset the meteoric rise in the price of cocoa and to protect its bottom-line, Hershey’s (NYSE:HSY) offsetting strategies delivered a solid Q4 for the candy company as net income swelled 131% ...

Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages ... to adjust our pricing, price-pack architecture, formulations, demand ...

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 ...

“We do that on a pack-by-pack and a retailer-by ... s analyst call as a counterweight to elevated cocoa prices, but while Buck said Hershey has embraced that approach to a certain degree ...