Hershey is raising prices by 8%. In the latest sign that inflation could be coming down the pike, the chocolate giant, which has a market cap of about $21 billion, is boosting prices in response ...
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 ...
I rate The Hershey Company stock as a HOLD, waiting for the earnings hype to cool down before potentially buying. I expect cocoa prices to keep rising due to climate change, negatively impacting ...
D.A. Davidson, and other analysts, say elevated cocoa prices continue to cast a dark cloud over chocolate makers such as Hershey, which have been forced to raise prices and risk alienating ...
(Reuters) - Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies including Hershey have had to ...
(Reuters) - Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies including Hershey have had ...
Cocoa prices rallied sharply Thursday as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.