The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
In Q4, Hershey outperformed expectations on both the top and the bottom line. It generated nearly $2.9 billion in net sales, which was up almost 9% year over year. And it had net income of nearly $800 ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Thursday closed down -420 (-3.99%), and March ICE London cocoa #7 (CAH25) closed down -256 (-3.10%). Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and ...
ICE NY cocoa (CCH25) today is down -434 (-4.13%), and March ICE London cocoa #7 (CAH25) is down -255 (-3.08%). Cocoa prices ...
U.S. equities were mixed at midday as the market shifted its focus from events in Washington to the latest corporate earnings reports.
USA Today's Jon Santucci and Nick Wilson rank all seven Florida programs' 2025 class after the February signing day.
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
CEO Michele Buck emphasized the company’s focus on achieving balanced top-and-bottom-line growth in 2026 despite elevated cocoa prices. She highlighted the use of multiple levers, including pricing, ...
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of ...