Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.

Whoever said that you can't put a price on love probably didn't have to spend money on food for Valentine's Day. This year, ...

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 ...

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 ...

Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...

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 ...

The downgrade is primarily due to the firm's expectations that the elevated cocoa costs, which are a key ingredient in Hershey's products, will persist longer than initially anticipated, potentially ...

The downgrade is primarily due to the firm's expectations that the elevated cocoa costs, which are a key ingredient in Hershey's products, will persist longer than initially anticipated ...