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Cocoa, Hershey
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.
Hershey forecasts lower-than-expected 2025 profit on higher cocoa prices
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins.
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 ...
Morningstar
6d
Higher cocoa prices will pressure Hershey's stock, analyst says
Piper Sandler downgrades
Hershey
Co. to underweight from neutral on expectation of stubbornly high
cocoa
prices
Hershey
Co.'s stock fell Friday, as Piper Sandler cut its rating on the ...
12h
Hershey's Shares Surge Nearly 4.3%--What's Driving the Momentum?
As of 11.21am today, shares are up nearly 4.3%. The company saw a solid 8.7% increase in net sales, hitting $2.89 billion, ...
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