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 ...
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 ...
However, Citigroup says the worst might now be over for Hershey and that the company could experience growth in 2026. Record Cocoa Prices Hershey, which makes Reese’s Peanut Butter Cups and Kit ...
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 ...
Stifel lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps a Hold rating on the shares after the company reported a stronger than expected fourth quarter. Initial FY25 ...
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'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 forecast annual profit below Wall Street estimates as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies including Hershey have had to raise prices to combat ...
Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's why cocoa prices are a near-term issue, but are highly unlikely to derail Hershey over the long term. Hershey's ...