Hershey's current stock decline is due to high cocoa prices, but historical trends suggest recovery once prices normalize.
Cocoa prices have rocketed higher, putting pressure on Hershey's profitability. There's no quick solution to Hershey's headwinds, but the company has an ace in the hole to help it muddle through.
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
(NEXSTAR) – Why is it called a Hershey’s “Kiss” and not a Hershey’s Smooch or a Hershey’s Cone? Even the people at The Hershey Company aren’t exactly sure. The Hershey’s Kiss was ...
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Feb 6 (Reuters) - Hershey (HSY.N), opens new tab forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies ...
Bad news for fans of candy lovers — Hershey's Canada has confirmed that it will no longer produce its Cherry Blossom candy. A customer service representative confirmed that Hershey's is ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a $460 million pretax gain last year from its commodity derivative ...
A female tenant has been charged in the murder of a building superintendent whose body was found stabbed, battered and wrapped in garbage bags inside a Queens apartment this week – following a ...
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It’s a classic chocolatey confectionery that’s been available in Canada for more than a century. Canadians appear to have a love-hate relationship with Hershey’s Cherry Blossom, a sweet, syrupy treat ...