The surge in cocoa prices, coupled with higher transportation costs, led to a 650-basis-point decline in the company's ...
Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Visit this ...
The outlook for food producers who rely on cocoa is more challenging in FY25 as unforeseen weather deterioration in West ...
ICE NY cocoa (CCH25) today is down -364 (-3.34%), and March ICE London cocoa #7 (CAH25) is down -284 (-3.31%). Cocoa prices ...
In the heat of a turbulent year of soaring cocoa prices and political uncertainty, Mondelēz International managed to grow, ...
Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost ...
Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation.
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
Mondelez expects approximately 5% revenue growth for 2025, supported by revenue growth management (RGM) initiatives and price adjustments. Management acknowledged that adjusted EPS is expected to ...
Mondelez ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa ...