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Cocoa, Hershey
Surge in Cocoa Prices Shows Why Hershey Bets on Derivatives
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last year.
Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.
Hershey's Cocoa Hedging May Not Support The Stock Price
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Learn more on HSY stock here.
Hershey Earnings Beat Forecasts, but High Cocoa Prices Sour Outlook
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will hurt its financial performance this year. Chief Executive Michele Buck sai
Hershey forecasts lower-than-expected 2025 profit on higher cocoa prices
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins.
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways 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.
Higher Cocoa Prices Aren’t Melting Hershey Stock After Earnings
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey shares jump on earnings beat, outlook weighed by cocoa cost
Investing.com - Shares in Hershey Co (NYSE:HSY) jumped about 5% in early trading on Thursday after reporting fourth-quarter earnings on that surpassed analyst expectations, but warned of significant pressure on 2025 earnings due to surging cocoa prices.
2d
on MSN
Hershey sets quarterly dividends for common and class B stock
The Hershey Company (NYSE:HSY) has announced the distribution of its latest quarterly dividends. The board of directors ...
1d
Don’t miss Super Bowl halftime performer in Hershey this summer: Where to buy tickets
Grammy Award winning rapper Kendrick Lamar will perform the halftime show at the Super Bowl on Sunday, Feb. 9, at Caesars ...
2d
Hershey Declares Quarterly Dividends
The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $1.370 on the Common Stock ...
2d
Hershey: Q4 Earnings Snapshot
The Hershey, Pennsylvania-based company said it had profit of $3.92 per share. Earnings, adjusted for one-time gains and costs, were $2.69 per share. The results exceeded Wall Street expectations. The ...
4d
on MSN
Hershey Gardens announces $3.5 million Capital Campaign to fund construction of Rose Garden Pavilion
The new structure set to open in 2026, will replace the current seasonal tent on the east end of the Milton & Catherine ...
Central Penn Business Journal
1d
Increases in net sales, earnings announced by The Hershey Company
The Hershey Company announced increases in net sales and earnings for the fourth quarter and full year ending Dec. 31.
WGAL
9d
Hozier bringing new tour to Hershey in 2025
Hozier has announced he's extending his "Unreal Unearth Tour" into 2025, and one of the stops will be Hershey, Pa. Video ...
2d
The Hershey Company: Hershey Reports Fourth-Quarter and Full-Year 2024 Financial Results; Provides 2025 Outlook
The Hershey Company (NYSE: HSY) today announced net sales and earnings for the fourth quarter and full-year ended December ...
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