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 ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
The surge in cocoa prices, coupled with higher transportation costs, led to a 650-basis-point decline in the company's ...
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
Hershey’s said it buys cocoa nearly a year in advance, so the cost at the store this Valentine’s Day won’t reflect today’s ...
It will be harder to find sweet deals on chocolate this Valentine's Day. In fact, the cost of chocolate might put a bitter ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Monday closed down -304 (-3.03%), and March ICE London cocoa #7 (CAH25) closed down -117 (-1.48%). Cocoa prices fell sharply ...
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...