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 forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...