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 will deal with it. It may take some time, but the solution doesn't require rocket science to figure out (raising prices is a normal tactic in the food industry). What Hershey needs is the ...
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Operational challenges persist, with disappointing Q3 ...
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 ...
As of December, overall food inflation was 2.5% year over year, according to the Bureau of Labor Statistics’ consumer price ...
Hershey candy bars displayed ... large CPG players were able to secure price increases, which drove revenue growth. Now, the packaged-food majors face a battle in growing volumes after taking ...