Hershey ended a turbulent 2024 relatively well while surging cocoa prices affected the company. Derivative hedges eased earnings pressure in 2024 against stagnating adjusted earnings. After a more ...
Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the ...
This is all good news, if one is to assume that the negative impact on Hershey's earnings will be limited to only one year. Even though cocoa prices will stabilize at some point, this seems as a ...
This is Hershey's signature chocolate cake recipe, the one printed on the back of their cocoa powder container and beloved by ...
Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
NEW YORK (Reuters) -Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have ...
ICE NY cocoa (CCK25) today is up +275 (+3.48%), and May ICE London cocoa #7 (CAK25) is up +106 (+1.71%). 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 ...
Tuesday closed up +275 (+3.48%), and May ICE London cocoa #7 (CAK25) closed up +103 (+1.66%). Cocoa prices rallied Tuesday after news that Ivory Coast cocoa exports slowed. Tuesday's government data ...
Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
The company has increased its dividend for 15 consecutive years, and more broadly, it has trended higher for decades. By and ...