The massive drop in the stock price is being heavily driven by the huge price increase in cocoa, one of Hershey's most important ingredients. This isn't typical inflation, however. There are ...
a producer of cell-cultured cocoa ingredients, in December. Buck said cellular agriculture is something Hershey is watching closely, noting the significant investments it is receiving.
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in sales revenue. As cocoa prices hover near December’s ...
What’s going on here? Hershey anticipates its 2025 profit will fall short of Wall Street expectations, as record-high cocoa prices bite into margins. Cocoa prices have caused quite the shakeup, nearly ...
Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
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 ...
The downgrade is primarily due to the firm's expectations that the elevated cocoa costs, which are a key ingredient in Hershey's products, will persist longer than initially anticipated, potentially ...
Recipe: Cozy up this winter with a cup of Spiced Hot Chocolate ...
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