Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further ...
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Barchart on MSNCocoa Prices Finish Sharply Higher on Excessive Dryness in West AfricaTuesday closed up +417 (+4.29%), and March ICE London cocoa #7 (CAH25) closed up +261 (+3.35%). Cocoa prices rallied sharply ...
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in sales revenue. As cocoa prices hover near December’s ...
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 ...
Analysts have adjusted their earnings per share (EPS) projections for Hershey, with estimates for fiscal year 2025 ranging from $7.05 to $7.65, down from previous forecasts. The impact of cocoa ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
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 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 ...
Hershey expects FY25 adjusted EPS of $6.00-$6.18, below the $7.37 estimate, citing cocoa price pressures. Brand New Membership Level: Benzinga Trade Alerts The Hershey Company HSY shares are ...
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