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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 Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa.The company also cut selling, marketing, and administrative expenses.
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.
1h
on MSN
Could Buying Hershey Stock Today Set You Up for Life?
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
1h
Hershey's FY25 guidance sets a reasonable floor for growth - analyst
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, ...
1h
Near Record High Cocoa Prices Are Destroying Chocolate Demand
Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...
6h
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 ...
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 ...
9h
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 price target lowered to $160 from $170 at Stifel
Stifel lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps a Hold rating on the shares after the company reported a ...
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