Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
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 ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
The Hershey Company (NYSE ... “While we continue to expect the surge in cocoa prices to put significant pressure on 2025 earnings, we will focus on driving top-line and share momentum, executing ...
Analysts have adjusted their earnings per share (EPS) projections for Hershey, with estimates for fiscal year 2025 ranging from $7.05 to $7.65, down from previous forecasts. The impact of cocoa ...
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 ...
Recent Financial Performance and Market Challenges Hershey's financial performance has come under scrutiny as the company grapples with persistent headwinds. The most significant challenge facing the ...