Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
Management expressed optimism for balanced growth in 2026. CFO Steve Voskuil stated that despite potential difficulties in implementing pricing, efforts to manage cocoa costs through productivity ...
23hon MSN
Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and ...
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of ...
The company spent a record amount on capital expenditures during its artificial-intelligence build-out. The company expects bookings of between $5.55 billion to $5.65 billion for the year. A rival, ...
Consumer companies ticked up amid mixed earnings reports. Tapestry gained after the owner of Coach and Kate Spade luxury brands logged sales ahead of Wall Street expectations. Rival Capri Holdings, ...
Altus Power stock jumps 27.8% after announcing $2.2B acquisition deal with TPG Rise Climate, offering a 66% premium per share.
Trading on Wall Street is mixed and subdued with the arrival of more quarterly financial reports from major corporations and new data on the U.S. jobs market due over the final two days of the week.
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