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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 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.
Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.
Yahoo Finance
4m
The Hershey Co (HSY) Q4 2024 Earnings Call Highlights: Strategic Growth Amidst Market Challenges
The company has diversified its
cocoa
supply sources, enhancing resilience against market fluctuations. Strong performance ...
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
Why Hershey Stock Went Up Today
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for the fourth quarter of 2024. As of 2:30 p.m. ET, Hershey stock was up about 5% ...
2d
Hershey's Q4 Earnings Release on Deck: What to Expect From HSY?
HSY's Q4 results are likely to reflect gains from pricing and brand strength amid cost inflation and a tough consumer ...
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