The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Jakub Porzycki / NurPhoto via Getty Images Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa. The company also cut selling ...
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 ...
Mondelēz International and Hershey warned that stubbornly high cocoa prices are expected to weigh on their businesses throughout 2025. Dirk Van de Put, Mondelēz CEO, said in a statement that the ...
Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa. The company also cut selling, marketing, and administrative expenses.
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
Cocoa prices have rocketed higher, putting pressure on Hershey's profitability. There's no quick solution to Hershey's headwinds, but the company has an ace in the hole to help it muddle through.