Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
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 ...
The Hershey Co (HSY) navigates high cocoa prices and competitive pressures with innovation and strategic pricing.
Hershey is a leading US confectionery manufacturer (around a $25 billion market), controlling around 36% of the domestic chocolate space (per Euromonitor). Beyond its namesake label, the firm's mix ...
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results 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 ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Management expressed optimism for balanced growth in 2026. CFO Steve Voskuil stated that despite potential difficulties in implementing pricing, efforts to manage cocoa costs through productivity ...
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of ...
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and ...