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

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 ...

Expect to pay about 10% to 20% more for chocolate this Valentine's Day than last year, one agricultural economist said.

Conagra Brands trimmed its annual profit and operating margin forecasts further on Monday, citing supply constraints and ...

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 mixed ... Coast 2024/25 cocoa production estimate to a range of 2.1-2.2 MMT from a June forecast of 2.0 MMT. Cocoa found support after Ghana's Cocoa Board (Cocobod ...

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

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

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