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The Latest Breaking News from Hershey

Why Hershey Stock Has More Room to Run Despite Takeover Rejection

There has been a systemic decline in consumer staples stocks over the past couple of months, bringing into question whether Hershey is a buy or not.

MarketBeat

This merger would create the world’s largest candy company

Oreo-maker Mondelez is reportedly exploring a major acquisition.

The Street

Stock Market Today: Markets Reflect Global Uncertainty

Exuberance fades as investors confront micro challenges and a murkier macro environment.

Kiplinger

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3 Undervalued Dividend Stocks to Pounce on Now

These three dividend stocks offer a mix of growth, stability, and income potential.

Barchart

Meet the former Amazon VP driving Hershey’s tech transformation

Deepak Bhatia is Hershey’s first-ever CTO. His priority? Investing in talent and data.

Fortune

Hershey's Q3 2024 Earnings: What to Expect

Hershey is expected to release its third-quarter earnings later this month, and analysts anticipate a mid-single-digit earnings growth.

Barchart

Latino consumers favor brands that help them explore their roots and prioritize needs of Spanish speakers

Brands that combine traditional heritage with modern cultural influences are also viewed in a favorable light by the demographic

Latin Times

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The chunky new KitKat logo is retro modern perfection

A bolder and cleaner break.

Creative Bloq

Weak Chocolate Demand Weighs on Cocoa Prices

September ICE NY cocoa (CCU24 ) on Friday closed down -42 (-0.56%), and September ICE London cocoa #7 (CAU24 ) closed up +20 (+0.33%). Cocoa prices Friday settled mixed. Cocoa prices Friday extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate...

Barchart

Cocoa Prices Pressured by Demand Concerns

September ICE NY cocoa (CCU24 ) today is down -38 (-0.50%), and September ICE London cocoa #7 (CAU24 ) is up +33 (+0.55%). Cocoa prices today are mixed. Cocoa prices today extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate producer,...

Barchart

Cocoa Prices Plummet as Hershey Sees Chocolate Demand Weakening

September ICE NY cocoa (CCU24 ) today is down -530 (-6.55%), and September ICE London cocoa #7 (CAU24 ) is down -411 (-6.39%). Cocoa prices today are plummeting, with NY cocoa falling to a 3-week low and London cocoa dropping to a 4-week low. Global cocoa demand concerns are hammering...

Barchart

Lawsuit Filed Over Teen's Death In Spicy Chip Challenge

Lawsuit filed against Hershey, Walgreens, and Paqui after teen's death from spicy chip challenge. Challenge involves eating extremely hot chip without food...

Top News

Hershey Earnings Preview: What to Expect

Hershey is all set to announce its second-quarter results next month, and analysts forecast a double-digit decline in the company’s bottom-line figure.

Barchart

Cocoa Prices Triple to $11,000 Per Tonne: Small Food Manufacturers Struggle with Rising Costs

Chocolate manufacturers are looking at new recipes as climate change and farmgate prices continue to increase price of cocoa beans.

International Business Times UK

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The Independent UK

Friendly’s and Hershey’s ice creams among nearly 70 products recalled over risk of listeria contamination

Recall impacted over a dozen brands but FDA says no illnesses yet reported from potential contamination

Barchart

3 Top Dividend Stocks to Consider as Cocoa Prices Pull Back

Cocoa prices are pulling back after a spike, presenting an opportunity to invest in chocolate stocks. With the market projected to grow 5.8% annually, the sector promises long-term growth.

WEKU

Pricier Easter bunnies and eggs. Half-dipped Kit Kats. What's up with chocolate?

The price of cocoa is on a wild historic ride: It topped the all-time record before Valentine's Day and almost doubled since then, in time for Easter. The culprit is the weather.

Axios

Reese's Easter eggs, Hershey's chocolate popular holiday candy despite high cocoa prices

The Easter Bunny is feeling the pinch of inflation with candy eggs and cocoa prices climbing.

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news in one place.

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Top News

Washington Capitals Waive Evgeny Kuznetsov For Fresh Start

Washington Capitals waive Evgeny Kuznetsov to address struggles and focus on developing young talent for future success.

GoodToKnow

MrBeast chocolate is a playground craze all over again but this mum of three isn't opening her purse this time

The YouTuber claims he's found the formula for the best-tasting chocolate ever

Barchart

Should You Buy the Dip in Hershey Stock as Cocoa Prices Surge?

Hershey Foods stock has crushed the broader markets over the last two decades. Here's why it might struggle to repeat that standout performance in 2024.

WEKU

Cocoa prices spiked to an all-time high right before Valentine's Day

Chocolate lovers won't see a sudden price spike for Valentine's Day — because the cost already has been rising for months. Extreme weather is largely to blame.

The Guardian - UK

Chocolate maker Hershey issues warning over record cocoa prices

US firm expects rising costs to hit profits and sales as consumers cut spending on treats

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