The most significant challenge facing Hershey is the persistent rise in cocoa prices. Cocoa futures have reached multi-year highs, driven by supply constraints due to factors such as disease ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer known for its iconic chocolate brands, faces a challenging landscape as it navigates rising cocoa costs, shifting consumer ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer known for its iconic chocolate brands, faces a challenging landscape as it navigates rising cocoa costs, shifting consumer ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America, faces significant headwinds as it navigates through a challenging market environment. Rising cocoa costs, ...
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. The most-active ...
Cocoa prices today are sharply higher as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
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 ...
BofA Securities analyst Peter T. Galbo made similar observations on the price of cocoa and highlighted Hershey as an attractive merger candidate for global confectionary companies due to its ...
Cocoa headed for a weekly decline in New York, after a volatile few days that included chocolate maker Hershey Co.’s bid to source a huge amount of beans through the exchange. Futures slipped as ...
Hershey reported a decline in net sales and earnings for the third quarter, causing it to lower its 2024 guidance. This weaker outlook, caused by high cocoa prices and a budget-conscious consumer ...