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 ...

Surging cocoa prices have hit Hershey—hard. But prices won’t stay high forever. It’s time to buy the chocolate maker’s beaten-up stock. Shares of Hershey have dropped 23% over the past 12 ...

(Bloomberg) -- Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.