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cocoa, Hershey
Hershey views cocoa pressures as transitory but pricing ensues for now
Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for 2025.
Surge in Cocoa Prices Shows Why Hershey Bets on Derivatives
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last year.
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa.The company also cut selling, marketing, and administrative expenses.
2d
Hershey: A Falling Knife Or An Opportunity?
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
2h
Hershey price target lowered to $160 from $170 at Stifel
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 ...
7h
The Hershey Co (HSY) Q4 2024 Earnings Call Highlights: Strategic Growth Amidst Market Challenges
The Hershey Co (HSY) navigates high cocoa prices and competitive pressures with innovation and strategic pricing.
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