Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling ...
Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Visit this ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 ...
CEO Michele Buck emphasized the company’s focus on achieving balanced top-and-bottom-line growth in 2026 despite elevated cocoa prices. She highlighted the use of multiple levers, including pricing, ...
In the heat of a turbulent year of soaring cocoa prices and political uncertainty, Mondelēz International managed to grow, ...