Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to JPMorgan Chase & Co. Most Read from BloombergCitadel to Leave Namesake ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
Stifel lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps a Hold rating on the shares after the company reported a ...
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
The Hershey Co (HSY) navigates high cocoa prices and competitive pressures with innovation and strategic pricing.
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for the fourth quarter of 2024. As of 2:30 p.m. ET, Hershey stock was up about 5% ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Shares of chocolate company Hershey (NYSE:HSY) jumped 6.9% in the pre-market session after the company reported strong fourth ...
Hershey's fourth-quarter 2024 results reflect strong consumer response to innovation, marketing initiatives and in-store execution.
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.