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Hershey faces pressure from high cocoa/sugar costs, a challenging macro environment, and missed growth prospects. Click to ...
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Higher cocoa prices will pressure Hershey’s stock, analyst saysHershey 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 ...
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Barchart on MSNShort Covering Pushes Cocoa Prices HigherWednesday closed up +94 (+1.17%), and May ICE London cocoa #7 (CAK25) closed up +52 (+0.90%). Cocoa prices recovered from ...
Perry said “we’ve let the administration know" that Hershey needs cocoa, which can't be grown in the U.S., to manufacture ...
The Hershey Company’s margins are pressured by cocoa, but supply fixes and strong yield offer upside for investors. Read why ...
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 ...
Tricia Brannigan, Hershey's vice president for procurement ... ICE declined to comment. ICE cocoa futures prices in New York and London have fluctuated wildly in recent months after hitting ...
Hershey continues to trade at a deep discount to the market, but high cocoa prices will weigh on profitability and cash generation in 2025. While I usually look to add up rather than double down ...
Citi lowered the firm’s price target on Hershey (HSY) to $165 from $173 and keeps a Neutral rating on the shares ahead of the fiscal Q1 report ...
Hershey deepens its better-for-you snack strategy with a deal to acquire LesserEvil, known for organic popcorn and bold flavors. The acquisition enhances Hershey's growing savory snack lineup.
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