The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
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 ...
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for ...
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 ...
Citi upgraded Hershey Co (NYSE:HSY) to "Neutral" given a more balanced risk-reward profile following the company's 2025 earnings guidance but lowered its price target to $154 from $159, adjusting for ...
Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...
Hershey is a leading US confectionery manufacturer (around a $25 billion market), controlling around 36% of the domestic chocolate space (per Euromonitor). Beyond its namesake label, the firm's mix ...