In a June ESG report, Hershey said it had a goal of establishing full sourcing visibility for its cocoa volume in both the Ivory Coast and Ghana by 2025. As of December 2023, the company had ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer renowned for its chocolate, sweets, and snacks, faces a complex market landscape as it navigates rising cocoa costs and ...
Whether it's Hershey’s Kisses, Reese's peanut butter bars or Kit Kats, the Hershey's brand is the most popular chocolate brand in the world. In Hershey, Pennsylvania, the history of cocoa-fused ...
Hershey (HSY) cited "historically high cocoa prices and a challenging consumer environment," but said it remains "laser-focused on controlling what we can and are acting with immediacy to deliver ...
Chocolate makers collectively this year admit that they reduce the cocoa composition in their chocolate, but not with confectionery giants Hershey's (NYSE:HSY) and Mondelez (NASDAQ:MDLZ).
This article has been updated to provide correct FactSet consensus estimates for Hershey’s third-quarter profit and revenue. Hershey Co.’s stock fell more than 2% Thursday after the chocolate ...
Luke Sharret / Bloomberg Historically high cocoa prices and soft consumer demand negatively affected Hershey's earnings and revenue. Two of the candy and snacks maker's three units posted sales ...