Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further ...
Though U.S. cocoa powder brands such as Hershey's don't typically go through the Dutch process, there is an exception. The Hershey's Special Dark product is presented as a "Dutched cocoa." ...
farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary companies like Hershey (HSY) and Mondelez (MDLZ). “We are laser ...
Hershey (HSY) is asking the Commodity Futures Trading Commission for permission to buy a sizeable amount of cocoa through the New York exchange after global shortages sent prices to a record ...
(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.
Recent developments indicate a significant rise in cocoa inflation, which negatively impacts Hershey’s earnings per share estimates. Looking further into 2026, the continued inflationary ...
Hershey's financial performance has come under pressure due to rising cocoa costs and volume weakness. Analysts have revised their earnings estimates downward for the coming years. Deutsche Bank ...