Higher Cocoa Prices Aren’t Melting Hershey Stock

Higher Cocoa Prices Aren’t Melting Hershey Stock After Earnings
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey forecasts lower-than-expected 2025 profit on higher cocoa prices
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins.
Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.
Hershey Surpasses Earnings Forecast
Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and diversifying its portfolio.
Hershey's Stock Pops As Q4 Earnings Beat Expectations—But Cocoa Prices Loom Over 2025 Outlook
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 earnings outlook.
Hershey Earnings Beat Forecasts, but High Cocoa Prices Sour Outlook
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will hurt its financial performance this year. Chief Executive Michele Buck sai
Hershey shares jump on earnings beat, outlook weighed by cocoa cost
Investing.com - Shares in Hershey Co (NYSE:HSY) jumped about 5% in early trading on Thursday after reporting fourth-quarter earnings on that surpassed analyst expectations, but warned of significant pressure on 2025 earnings due to surging cocoa prices.
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways 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.
Why Hershey Stock Went Up Today
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for ...
Hershey upgraded to Neutral from Sell at Citi
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
Hershey: A Falling Knife Or An Opportunity?
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
Hershey proposes delaying long-awaited paid family leave in tight budget year
After GOP leaders challenged other lawmakers to look for programs to cut as the state faces a $3 billion budget shortfall, ...
East Pennsboro at Hershey boys basketball stream live: watch here
The East Pennsboro Panthers (12-8) take on the Hershey Trojans (17-2) at 7:00 p.m. Friday. You can watch the game live on ...
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Hershey's unveils new frozen cake bites: Where to get, price, and more explored
Hershey's has introduced Frozen Cake Bites with Chocolate, Chocolate Caramel, and Cookies 'n' Creme flavors. Each of these ...
The Hershey Co (HSY) Q4 2024 Earnings Call Highlights: Strategic Growth Amidst Market Challenges
The Hershey Co (HSY) navigates high cocoa prices and competitive pressures with innovation and strategic pricing.
Hershey’s Bryce Hammell puts it all together for Mid-Penn boys diving title
Bryce Hammell knew he had it in him, it was just a matter of tapping into it during the big moments. And in one such moment ...