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cocoa, Hershey
Hershey views cocoa pressures as transitory but pricing ensues for now
Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for 2025.
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.
2h
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 ...
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 ...
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 ...
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.
1h
on MSN
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, leading to a stock upgrade by Citi.
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 ...
1d
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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