The most significant challenge facing Hershey is the persistent rise in cocoa prices. Cocoa futures have reached multi-year highs, driven by supply constraints due to factors such as disease ...
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. Shares of Hershey have dropped 23% over the past 12 ...
Hershey’s sales and earnings were roughly flat in the fourth quarter despite pressure from rising cocoa costs and softer consumer demand. Investors saw that as positive news: the stock is up 6.6%.
alleges that he would not have bought or wanted to pay less for the Hershey's Special Dark Mildly Sweet Chocolate, Lily's Extra Dark Chocolate 70% Cocoa and Lily's Extreme Dark Chocolate bars.
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange. The most-active ...
Cocoa headed for a weekly decline in New York, after a volatile few days that included chocolate maker Hershey Co.’s bid to source a huge amount of beans through the exchange. Futures slipped as ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America with a market capitalization of $31.4 billion, is navigating a complex landscape of rising cocoa costs, changing ...
BofA Securities analyst Peter T. Galbo made similar observations on the price of cocoa and highlighted Hershey as an attractive merger candidate for global confectionary companies due to its ...