(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, ...
Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Visit this ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
The company expects organic net revenue growth to be about 5% in 2025. It anticipates currency translation to decrease net revenue growth by about 2.5%, denting adjusted earnings per share by 12 cents ...
Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation.
Tony’s Chocolonely revenue topped €200m for the first time last year, although losses surged as the company weathered ...
Cocoa prices expected to remain firm due to weather conditions, with concerns over supply deficits driving up prices.
While the S&P GSCI measures the performance of the world’s largest commodities, roll yield dynamics can have a significant ...
WHICH IS CONSIDERED A BENCHMARK FOR COCOA PRICES, HAVE GONE UP OVER 300% IN THE LAST FEW YEARS. FOR MANY YEARS, THE PRICE OF BEANS HAS BEEN PRETTY LOW, AROUND 3000 A TON, AND IT’S GONE WAY UP AS ...
Cocoa prices Friday extended Thursday's sharp losses, with NY cocoa posting a 2-week low and London cocoa posting a 1-month low. Cocoa prices are under pressure as recent rain in West Africa has ...