The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...

Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.

Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.

The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the ...

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...

Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...

Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for ...

Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...

ICE NY cocoa (CCH25) today is down -434 (-4.13%), and March ICE London cocoa #7 (CAH25) is down -255 (-3.08%). Cocoa prices ...

Consumer companies ticked up amid mixed earnings reports. Tapestry gained after the owner of Coach and Kate Spade luxury brands logged sales ahead of Wall Street expectations. Rival Capri Holdings, ...

The company spent a record amount on capital expenditures during its artificial-intelligence build-out. The company expects bookings of between $5.55 billion to $5.65 billion for the year. A rival, ...

Henkel has agreed to divest its retailer brands business in North America to a New York-based affiliate of First Quality ...