Though U.S. cocoa powder brands such as Hershey's don't typically go through the Dutch process, there is an exception. The Hershey's Special Dark product is presented as a "Dutched cocoa." ...
The cocoa beans used to make Dutch-process cocoa powder are washed in an alkaline solution of potassium carbonate. This neutralizes the cocoa’s natural acidity, making it darker in color and ...
HERSHEY, PA. — Hershey has signed a five-year agreement with cocoa-producing cooperatives in Côte d’Ivoire. The pact is part of the company’s 10-year, $500 million investment addressing the ...
Known for its iconic chocolate brands, Hershey is grappling with rising cocoa costs, shifting consumer preferences, and intense market competition. This comprehensive analysis delves into the ...
Known for its iconic chocolate brands, Hershey is grappling with rising cocoa costs, shifting consumer preferences, and intense market competition. This comprehensive analysis delves into the ...
The expectation of a 7% decline in earnings per share by 2025 has been factored into this assessment, highlighting Hershey’s vulnerability to cocoa price inflation and its significant reliance ...
The announcement coincided with the annual National Cocoa and Chocolate Days held in Abidjan, Côte d'Ivoire. The heart of the agreement is a memorandum of understanding between Hershey ...
Hershey Company (NYSE:HSY) continues to be stuck in the middle between historically high cocoa prices and consumers that are pushing back on purchasing chocolate due to elevated prices.