Financial writer downgrades The Hershey Company (HSY) due to rising cocoa prices and competition, forecasting further share ...
You don’t have to go to great lengths to find a great cocoa powder for your chocolaty bakes.Hershey’s Cocoa can be found at practically every supermarket, big-box store and mom-and-pop grocer ...
Then, I added the cocoa mix and stirred until it was fully dissolved. The water must not have been hot enough, though, because some powder pooled at the top. Although Hershey's hot cocoa had a ...
BofA Securities analyst Peter T. Galbo made similar observations on the price of cocoa and highlighted Hershey as an attractive merger candidate for global confectionary companies due to its ...
At the heart of Hershey's current predicament lies the soaring cost of cocoa, a critical input that accounts for approximately 20% of the company's cost of goods sold. Despite these challenges, ...