hershey cocoa - Search News

Hershey, Cocoa

Hosted on MSN · 17h

Surge in Cocoa Prices Shows Why Hershey Bets on Derivatives

The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last year.

Just-Food · 2h

Hershey views cocoa pressures as transitory but pricing ensues for now

Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.

Food Dive · 17h

Mondelēz, Hershey pressured by a prolonged spike in cocoa prices

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.

2d

Hershey: A Falling Knife Or An Opportunity?

Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...

7h

The Hershey Co (HSY) Q4 2024 Earnings Call Highlights: Strategic Growth Amidst Market Challenges

The Hershey Co (HSY) navigates high cocoa prices and competitive pressures with innovation and strategic pricing.

4h

Hershey upgraded to Neutral from Sell at Citi

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 ...

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