The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
Hershey (HSY -1.90%) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
The outlook for food producers who rely on cocoa is more challenging in FY25 as unforeseen weather deterioration in West ...
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
The Hershey Company (NYSE:HSY) shares are trading higher in the premarket session on Thursday. The company reported fourth-quarter adjusted earnings per share of $2.69, beating the street view of ...
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 ...
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