Hershey now expects 2025 earnings to deteriorate, reflecting higher sourcing prices for cocoa. Learn why HSY stock is a Hold.
Hershey's stock faces cost headwinds in 2025 and short-term volatility. Click here to find out why I rate HSY stock a Buy.
Monday closed down -40 (-0.51%), and May ICE London cocoa #7 (CAK25) closed up +16 (+0.26%). Cocoa prices on Monday settled ...
ICE NY cocoa (CCK25) today is down -37 (-0.47%), and May ICE London cocoa #7 (CAK25) is down -41 (-0.67%). Cocoa prices today ...
With the industry and Hershey's dependence on West African countries for cocoa (areas known to utilize child labor), Hershey is also exposed to human rights issues within its supply chain that ...
A surge in cocoa and coffee futures prices has strained traders' finances, hindering global shipments. Rising costs and ...
At first glance, it seems understandable to sell Hershey stock amid the cocoa shortage, which affects more than 80% of the company's revenue. The company's 2024 revenue was $11.2 billion ...
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NEW YORK (Reuters) - Chocolate maker Hershey Co said ICE New York cocoa futures market is disconnected from the reality of the global physical market due to the exchange's actions that led to lack ...
Stacy Taffet, with 15 years of CPG experience, will be responsible for growing the company's expanding snacks portfolio that ...
Louie, a Miami-based pet raccoon, was recently named the winner of the 2024 Cadbury Bunny Tryouts from The Hershey Company, defeating a cat named Loki in the final vote. A shortage of cocoa due to ...