Is there anything more comforting than a slice of rich, chocolatey cake? We think not. And when it comes to chocolate cake, ...
From love cake to candied violets, these old-fashioned Valentine's Day sweets rival any prepackaged box of chocolates.
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Operational challenges persist, with disappointing Q3 ...
Hershey (HSY -1.90%) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt ...
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 ...
Initially, concerns were raised when Hershey sought permission from the Commodity Futures Trading Commission to purchase a significant amount of cocoa, which led to speculation about rising cocoa ...
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 ...
(Bloomberg) — Hershey Co. is asking the US’s top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record ...