Hershey (HSY -1.90%) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt ...
Watch: Why cocoa prices surged and what that means for the cost of chocolate Hershey's stock fell 1% on Friday. Lavery is betting more than other analysts that the cocoa price impact will eat into ...
Cocoa prices today are sharply higher as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
This move initially suggested that Hershey might be acknowledging continued high cocoa prices ... and markets chocolate and sugar confectionery products such as cookies, cakes, milkshakes, drinks ...
Hershey's large cocoa purchase ... is famous for its chocolate treats, such as Reese’s peanut butter and Hershey’s Kisses. It also manufactures a wide range of cookies, cakes, milkshakes ...
farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary companies like Hershey (HSY) and Mondelez (MDLZ). “We are laser ...
NEW YORK, Jan 8 (Reuters) - Chocolate maker Hershey Co (HSY.N), opens new tab has requested permission from the Commodity Futures Trading Commission (CFTC) to buy an amount of cocoa from the ...
Recent developments indicate a significant rise in cocoa inflation, which negatively impacts Hershey ... and markets chocolate and sugar confectionery products such as cookies, cakes, milkshakes ...
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 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 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 ...