While some multinationals, like Hershey ... wait lists for dark chocolate needed for its Chocolate Fudge Cashew Butter. Instead, the company switched over to cocoa powder, resulting in a ...

Mondelēz International and Hershey warned that stubbornly high cocoa prices are expected to weigh on their businesses throughout 2025. Dirk Van de Put, Mondelēz CEO, said in a statement that the ...

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 ...

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 ...

Credit: David Paul Morris/Bloomberg via Getty Images Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in ...

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 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 ...