Hershey Company (NYSE:HSY) continues to be stuck in the middle between historically high cocoa prices and consumers that are pushing back on purchasing chocolate due to elevated prices.
HERSHEY, PA. — Hershey has signed a five-year agreement with cocoa-producing cooperatives in Côte d’Ivoire. The pact is part of the company’s 10-year, $500 million investment addressing the ...
In an effort to provide a more resilient supply of cocoa and improve the profitability of farmers, Hershey’s (NYSE:HSY) will make a $500M investment over the next 10 years with cocoa-producing ...
Known for its iconic chocolate brands, Hershey is grappling with rising cocoa costs, shifting consumer preferences, and intense market competition. This comprehensive analysis delves into the ...
Known for its iconic chocolate brands, Hershey is grappling with rising cocoa costs, shifting consumer preferences, and intense market competition. This comprehensive analysis delves into the ...
The announcement coincided with the annual National Cocoa and Chocolate Days held in Abidjan, Côte d'Ivoire. The heart of the agreement is a memorandum of understanding between Hershey ...
Bernstein SocGen Group maintained a Market Perform rating for Hershey amidst significant fluctuations in cocoa prices. As cocoa prices continue to fluctuate, Hershey's financial performance and ...
(RTTNews) - Hershey Co. (HSY) Tuesday announced a five-year agreement with nine cocoa-producing cooperatives in Cote d'Ivoire. The move is part of its "Cocoa For Good" strategy, a 10-year ...
Five-year agreement builds on significant company investments in improving the well-being of cocoa farming communities HERSHEY, Pa., Oct. 14, 2024 /PRNewswire/ -- Hershey announced a five-year ...