Chocolate is the number one food for romance. Not only is chocolate one of the world’s best-loved aphrodisiacs, it is one of ...

Reuters Europe is responsible for about half of global cocoa bean imports, which help fuel its $50 billion chocolate market. Paris’s oldest chocolate shop has occupied a street corner in the ninth ...

The Hershey Company (NYSE:HSY), a titan in the North American confectionery market with a market capitalization of $36.15 billion, finds itself at a crossroads as it grapples with unprecedented cocoa ...

The crux of Hershey's current predicament lies in the volatile cocoa market. Futures prices for the key ingredient have surged to multi-year highs, creating a significant headwind for the company ...

It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...

Hershey’s ... cocoa cost inflation” this year in the company’s 2024 fourth quarter earnings report. Shoppers may be able to skirt higher prices by buying chocolate made with cocoa powder.

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 financial performance has come under pressure due to rising cocoa costs and volume weakness. Analysts have revised their earnings estimates downward for the coming years. Deutsche Bank ...