The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
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 ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling ...
Cocoa prices expected to remain firm due to weather conditions, with concerns over supply deficits driving up prices.
Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some relief. Pennsylvania-based Hershey said it booked a $460 million pretax ...
Mondelez faces cocoa price pressures but has strong pricing power. Read why MDLZ stock offers a compelling dividend ...
Cocoa prices retreated Wednesday, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices fell Wednesday after major chocolate maker Mondelez International ...
Hershey (HSY -1.90%) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt ...