News
Here's why cocoa prices are a near-term issue, but are highly unlikely to derail Hershey over the long term. Where to invest ...
Hosted on MSN4mon
Higher cocoa prices will pressure Hershey’s stock, analyst saysHershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
For those unacquainted, this is the chocolate cake recipe you'll find on the back of the Hershey's cocoa powder box, and it's been a staple in American home kitchens for decades. Get the recipe ...
Passing rising cocoa costs on to consumers helped Hershey end 2024 with a 0.3% annual gain. Still, net sales fell 14% in the first quarter of 2025 to $2.8 billion.
Like many other companies that manufacture chocolate products, The Hershey Co. is preparing for record high cocoa prices in 2025, and strategizing how to mitigate the impact of commodity ...
This is all good news, if one is to assume that the negative impact on Hershey's earnings will be limited to only one year. Even though cocoa prices will stabilize at some point, this seems as a ...
NEW YORK (Reuters) -Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have ...
Surging cocoa prices have hit Hershey —hard. But prices won’t stay high forever. It’s time to buy the chocolate maker’s beaten-up stock.
Hershey (HSY) cited "historically high cocoa prices and a challenging consumer environment," but said it remains "laser-focused on controlling what we can and are acting with immediacy to deliver ...
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey is seeking permission for a large purchase through the New York exchange. The most-active ...
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 chocolatier ...
Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results