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 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 ...
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 ...
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 ...
Initially, concerns were raised when Hershey sought permission from the Commodity Futures Trading Commission to purchase a significant amount of cocoa, which led to speculation about rising cocoa ...
“The outlook has worsened,” said Piper Sandler analyst Michael Lavery, as the severely dry November and December risks a continued deficit of the cocoa bean, prompting a downgrade in Hershey ...
Some recipes are unforgettable, and the Back-of-the-Box Hershey’s Chocolate Cake is one of them. This classic dessert ...