Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...

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.

Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...

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 ...

As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...

Initially, concerns were raised when Hershey sought permission from the Commodity Futures Trading Commission to purchase a significant amount of cocoa, which led to speculation about rising cocoa ...

Some recipes are unforgettable, and the Back-of-the-Box Hershey’s Chocolate Cake is one of them. This classic dessert ...

Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Operational challenges persist, with disappointing Q3 ...

Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey is seeking permission for a large purchase through the New York exchange. The most-active ...

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 ...