Chocolate is the number one food for romance. Not only is chocolate one of the world’s best-loved aphrodisiacs, it is one of ...
Historically high cocoa prices and soft consumer demand negatively affected Hershey's earnings and revenue. Hershey Co. ( HSY ...
Chocolate makers collectively this year admit that they reduce the cocoa composition in their chocolate, but not with confectionery giants Hershey's (NYSE:HSY) and Mondelez (NASDAQ:MDLZ).
Hershey Co.’s stock fell 3.5% in premarket trading Thursday after the chocolate giant’s third-quarter profit and revenue fell ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer renowned for its chocolate, sweets, and snacks, faces a complex market landscape as it navigates rising cocoa costs and ...
Hershey also reduced its full-year forecast. Hershey Co. (HSY) Thursday posted lower-than-estimated third-quarter results on soaring cocoa prices and weak consumer spending and also lowered its ...
Hershey (HSY) cited "historically high cocoa prices and a challenging consumer environment," but said it remains "laser-focused on controlling what we can and are acting with immediacy to deliver ...
This article has been updated to provide correct FactSet consensus estimates for Hershey’s third-quarter profit and revenue. Hershey Co.’s stock fell more than 2% Thursday after the chocolate ...