News

Hershey faces pressure from high cocoa/sugar costs, a challenging macro environment, and missed growth prospects. Click to ...
Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
Wednesday closed up +692 (+8.92%), and May ICE London cocoa #7 (CAK25) closed up +356 (+6.20%). Cocoa prices recovered from ...
ICE NY cocoa (CCK25) today is down -310 (-3.78%), and May ICE London cocoa #7 (CAK25) is down -86 (-1.41%). Cocoa prices ...
Shares of chocolate maker Hershey Co. rose as much as 2 per ... who have already been facing waves of price hikes amid elevated cocoa prices, said Bloomberg Intelligence analyst Ignacio Canals ...
Prices for items such as seafood ... and Ecuador (10%), according to USDA. The Hershey Company, one of the largest U.S. importers of cocoa beans, says it sources its supply from Brazil, Cameroon ...
Cashews, pecans and macadamia nuts are likely to see the largest price increases. Top source: Côte d’Ivoire (21%) and Ecuador ...
Demand concerns are also weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
The big factor right now is simply working through the disruption in cocoa prices. If management can do that, Hershey's business fortunes should quickly take a turn for the better. And that would ...
This is also reflected in the stock's low forward price-to-earnings multiple of 14. Hershey is a dominant confectionery conglomerate with several strong brands in its arsenal. Record-high cocoa ...