Hershey views cocoa pressures as transitory but pricing ensues for now
Further pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook 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 ...
Surge in Cocoa Prices Shows Why Hershey Bets on Derivatives
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of ...
Hershey anticipates balanced growth in 2026 with strategic pricing and innovation
Management expressed optimism for balanced growth in 2026. CFO Steve Voskuil stated that despite potential difficulties in implementing pricing, efforts to manage cocoa costs through productivity ...
The Hershey Company (HSY) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of ...
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 Surpasses Earnings Forecast
Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and ...