Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices to compensate.
If you're absolutely set on getting a box of chocolates for your Valentine's Day sweetie, then prepare your wallet. Here's ...
Chocolate Day is the one day of the year when we collectively agree to worship cocoa beans, indulge in guilty pleasures, and pretend that calories don’t exist.
I love flowers and chocolate, too! Why choose between two favorites when you can add chocolate to the garden? OK, it’s not ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
The Hershey Company (NYSE: HSY) today announced net sales and earnings for the fourth quarter and full-year ended December ...
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...