This is all good news, if one is to assume that the negative impact on Hershey's earnings will be limited to only one year. Even though cocoa prices will stabilize at some point, this seems as a ...

Hershey ended a turbulent 2024 relatively well while surging cocoa prices affected the company. Derivative hedges eased earnings pressure in 2024 against stagnating adjusted earnings. After a more ...

This is Hershey's signature chocolate cake recipe, the one printed on the back of their cocoa powder container and beloved by ...

With the industry and Hershey's dependence on West African countries for cocoa (areas known to utilize child labor), Hershey is also exposed to human rights issues within its supply chain that ...

Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have reduced liquidity and ...

The company has increased its dividend for 15 consecutive years, and more broadly, it has trended higher for decades. By and ...

NEW YORK: Hershey Co is asking the top US derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record ...

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Louie, a Miami-based pet raccoon, was recently named the winner of the 2024 Cadbury Bunny Tryouts from The Hershey Company, defeating a cat named Loki in the final vote. A shortage of cocoa due to ...

The price per ton of cocoa ended 2024 with a 178.2% surge, closing at $11,675 after reaching an all-time high of $12,931.

NEW YORK (Reuters) -Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have ...