Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
Antoinette’s headaches with chocolate. This sweet even appeared in European hospital prescriptions! Medicinal use of ...
It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...
Aridity is silently spreading through many of the world’s cocoa-producing regions. There are steps we can take to save them.
Trading on Wall Street is mixed and subdued with the arrival of more quarterly financial reports from major corporations and ...
Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...
“The outlook has worsened,” said Piper Sandler analyst Michael Lavery, as the severely dry November and December risks a continued deficit of the cocoa bean, prompting a downgrade in Hershey ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.