Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary companies like Hershey (HSY) and Mondelez (MDLZ). “We are laser ...
Hershey (NYSE:HSY) is trying to acquire more than 90,000 metric tons of cocoa on the Intercontinental Exchange by buying futures contracts that currently exceed CFTC limits, according to Bloomberg.
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 ...
(Bloomberg) -- Hershey Co. is asking the US’s top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America with a market capitalization of $31.4 billion, is navigating a complex landscape of rising cocoa costs ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America, faces significant headwinds as it navigates through a challenging market environment. Rising cocoa costs, ...
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