The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Britannia raised prices by 2% in the December quarter and expects a cumulative price hike of 6-6.5% until the June quarter of ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Hershey Co. shares remained volatile as the company reported sales that beat expectations, but added that adjusted earnings ...
Pretty much anywhere in Brevard, you'll get a view of a rocket launch, especially at our beaches. Visibility will depend on ...
Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost ...
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...