Hershey cited “historically high cocoa prices and a challenging consumer environment,” but said it remains “laser-focused on ...
Hosted on MSN1mon
Higher cocoa prices will pressure Hershey’s stock, analyst saysHershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
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 ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results