The Hershey Company (NYSE:HSY), a leading North American chocolate and confectionery manufacturer with a market capitalization of $30.3 billion, faces significant challenges as it navigates rising ...
The most significant challenge facing Hershey is the persistent rise in cocoa prices. Cocoa futures have reached multi-year highs, driven by supply constraints due to factors such as disease affecting ...
On Wednesday, Citi analyst Thomas Palmer reiterated a Sell rating on Hershey stock with a price target of $159.00. With shares trading near $155, down over 16% in the past six months according to ...
The decision by Hershey to hedge over 40% of its annual cocoa needs at a time when futures are near record highs was also pointed out as a potential indicator that the company does not view cocoa ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America with a market capitalization of $31.4 billion, is navigating a complex landscape of rising cocoa costs ...
The Hershey Company (NYSE:HSY), a leading North American chocolate and confectionery manufacturer with a market capitalization of $30.65 billion, faces significant headwinds as it navigates through a ...
In the wake of Hershey CEO Michele Buck’s decision to step down from ... giant was seeking permission to buy nine times the presently permitted volume of cocoa (90,000 metric tons), on the ICE ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America with a market capitalization of $31.4 billion, is navigating a complex landscape of rising cocoa costs, changing ...
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