Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for 2025.
Despite sky-high inflation of the price of cocoa, The Hershey Co. believes it will emerge from the challenge in a better ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
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 ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
A 5.7 oz box of Lindt Valentine’s heart chocolate candy truffles costs $21.99. Hershey’s said it buys cocoa nearly a year in advance, so the cost at the store this Valentine’s Day won’t ...
Despite pricing in chocolate, the Reese’s brand owner has seen elasticities hold up, and is baking in a ... to elevated cocoa prices, but while Buck said Hershey has embraced that approach ...