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Barchart on MSNCocoa Prices Rally on Fears of Tighter Global SuppliesICE NY cocoa (CCN25) today is up +147 (+1.46%), and July ICE London cocoa #7 (CAN25) is up +178 (+2.69%). Cocoa prices today ...
Here's why cocoa prices are a near-term issue, but are highly unlikely to derail Hershey over the long term. Where to invest ...
Hershey ended a turbulent 2024 relatively well while surging cocoa prices affected the company. Derivative hedges eased earnings pressure in 2024 against stagnating adjusted earnings. After a more ...
Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some relief. Pennsylvania-based Hershey said it booked a $460 million pretax ...
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 ...
As global cocoa prices surge and tariffs tighten their grip on imports, The Hershey Company is warning that the cost of its beloved chocolate products may soon rise. The confectionery giant is ...
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 ...
Hershey (HSY) cited "historically high cocoa prices and a challenging consumer environment," but said it remains "laser-focused on controlling what we can and are acting with immediacy to deliver ...
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 ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
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