Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to JPMorgan Chase & Co. Most Read from BloombergCitadel to Leave Namesake ...

Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.

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 ...

The Hershey Co (HSY) navigates high cocoa prices and competitive pressures with innovation and strategic pricing.

Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for the fourth quarter of 2024. As of 2:30 p.m. ET, Hershey stock was up about 5% ...

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...

The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...

Conoco Phillips said fourth-quarter net income declined alongside energy prices but the oil giant forecast production growth in 2025 while signaling a more aggressive dividend and share-buyback ...

Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...

Management expressed optimism for balanced growth in 2026. CFO Steve Voskuil stated that despite potential difficulties in implementing pricing, efforts to manage cocoa costs through productivity ...

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

Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and ...