The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...

Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...

As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...

The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van ...

Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost ...

Tony’s Chocolonely CEO Douglas Lamont has warned that price increases should be expected for the company’s chocolate bars if ...

red down pointing triangle reported earnings missed that missed expectations and guided for a drop in 2025 adjusted earnings as it navigates rising cocoa costs. Shares fell 5% to $53.70 after the ...

(Bloomberg) -- Mondelez International Inc. shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost inflation” would drive down earnings this year.

Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling ...

He highlighted strong performance across developed and emerging markets, despite challenges such as cocoa cost inflation. Mondelez generated $3.5 billion in free cash flow for 2024, which includes ...

Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa. The company also cut selling, marketing, and administrative expenses.