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As global cocoa prices surge and tariffs tighten their grip on imports, The Hershey Company is warning that the cost of its ...
Hershey’s Q1 2025 profits plunged 72% as cocoa prices and tariffs squeezed margins. The confectionery giant is investing in ...
Monday closed down -97 (-1.06%), and July ICE London cocoa #7 (CAN25) closed up +55 (+0.83%). Cocoa prices on Monday settled ...
Cocoa prices hit a 60-year high in 2025, forcing chocolate manufacturers like Barry Callebaut, Mondelēz and Hershey to cut ...
Hershey, the well-known chocolate manufacturer, is in negotiations with the administration of U.S. President Donald Trump ...
The Kisses maker said duties on the commodity, which cannot be grown in the U.S., is expected to result in millions of ...
Recently falling cocoa prices were a relief to chocolatiers such as Hershey, but Trump’s global tariffs will send prices ...
Hershey faces profitability challenges due to high cocoa prices, tariffs, and volume declines. Click here to read why I sold ...
Hershey Co. said Thursday that it is working to reduce the impact of tariffs on already higher cocoa prices by negotiating with the White House to avoid an estimated $100 million in costs in both ...
In short Large food manufacturers are trying to balance rising chocolate and cocoa prices with inflation-weary shoppers. In the first three months of the year, they’ve lifted prices in most markets, ...
Last Wednesday, cocoa prices fell to 2-week lows on demand concerns. Chocolate maker Hershey Co. reported that Q1 sales fell -14% and said it anticipates $15-$20 million of tariff costs in Q2 ...
Hershey said it is working to get cocoa exempted from tariffs, which are adding to pressure for the candy giant on top of high prices for its key ingredient. The Pennsylvania chocolatier said Thursday ...