Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
The Hershey Co (HSY) navigates high cocoa prices and competitive pressures with innovation and strategic pricing.
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 as record cocoa prices weigh on the Kit Kat maker's margins.
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
Stifel lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps a Hold rating on the shares after the company reported a ...
Please note: we will be discontinuing the Global Markets Report after 28 February. Australian shares are set to open lower, ...
Trading on Wall Street is mixed and subdued with the arrival of more quarterly financial reports from major corporations and new data on the U.S. jobs market due over the final two days of the week.
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