Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...

The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...

Tuesday closed up +417 (+4.29%), and March ICE London cocoa #7 (CAH25) closed up +261 (+3.35%). Cocoa prices rallied sharply ...

BMI (a unit of Fitch Solutions) on Thursday revised up its price forecast for ICE-listed second-month cocoa futures to $7,600/tonne from $5,900/tonne, as it expects prices to remain above ...

The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...

Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...

Cocoa prices expected to remain firm due to weather conditions, with concerns over supply deficits driving up prices.

Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...

The surge in cocoa prices, coupled with higher transportation costs, led to a 650-basis-point decline in the company's ...

Cocoa prices today are sharply lower as a rally ... 2024/25 cocoa production estimate to a range of 2.1-2.2 MMT from a June forecast of 2.0 MMT. Recent global cocoa demand news was mixed.

Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and ...