Hershey now expects 2025 earnings to deteriorate, reflecting higher sourcing prices for cocoa. Learn why HSY stock is a Hold.
Hershey's stock faces cost headwinds in 2025 and short-term volatility. Click here to find out why I rate HSY stock a Buy.
Tuesday closed up +194 (+2.48%), and May ICE London cocoa #7 (CAK25) closed up +74 (+1.21%). Cocoa prices on Tuesday settled ...
ICE NY cocoa (CCK25) today is up +250 (+3.19%), and May ICE London cocoa #7 (CAK25) is up +149 (+2.44%). Cocoa prices today ...
Importantly, we don’t expect Hershey will abandon its long-standing commitment of returning excess cash to shareholders; we forecast 6% annual growth in its dividend over the next 10 years, rendering ...
Demand concerns are also weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
However, the fact that revenue grew at all under these conditions is a strong indication of the power of Hershey's brand and the enduring demand for its chocolate. Also, the high cocoa prices ...
NEW YORK (Reuters) - Chocolate maker Hershey Co said ICE New York cocoa futures market is disconnected from the reality of the global physical market due to the exchange's actions that led to lack of ...
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 ...
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 ...