Cocoa prices have rocketed higher, putting pressure on Hershey's profitability. There's no quick solution to Hershey's headwinds, but the company has an ace in the hole to help it muddle through.
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 ...
Feb 6 (Reuters) - Hershey (HSY.N), opens new tab forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies ...
Bad news for fans of candy lovers — Hershey's Canada has confirmed that it will no longer produce its Cherry Blossom candy. A customer service representative confirmed that Hershey's is ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a $460 million pretax gain last year from its commodity derivative ...
Some are grieving; some will dance on its grave. Hershey Canada is discontinuing Cherry Blossom, the novelty candy that consists of a syrupy maraschino cherry encased in milk chocolate with bits ...
It’s thick chocolate on the outside, creamy on the inside and has a very special centre. Serena Austin is a Toronto-based general assignment reporter at the Star. Reach her via email ...
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The Hershey Company's ( NYSE:HSY ) investors are due to receive a payment of $1.37 per share on 14th of March. This... Hershey's (NYSE: HSY) stock price has fallen a huge 45% or so from its 2023 ...
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