cocoa costs - Search News

cocoa, Hershey

Oreo maker warns cocoa costs will drive down earnings per share 10%

Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive Officer Dirk Van de Put said the company was focused on navigating cocoa cost

Investing.com on MSN · 10m

Hershey shares jump on earnings beat, outlook weighed by cocoa cost

Investing.com - Shares in Hershey Co (NYSE:HSY) jumped about 5% in early trading on Thursday after reporting fourth-quarter earnings on that surpassed analyst expectations, but warned of significant pressure on 2025 earnings due to surging cocoa prices.

Wall Street Journal · 6h

Hershey Earnings Beat Forecasts, but High Cocoa Prices Sour Outlook

Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will hurt its financial performance this year. Chief Executive Michele Buck sai

Barron's on MSN · 1h

Higher Cocoa Prices Aren’t Melting Hershey Stock After Earnings

The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.

Cocoa, Mondelez

The Wall Street Journal on MSN · 1d

Mondelez International Expects 2025 Earnings to Drop Amid Soaring Cocoa Costs

The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van de Put said. The company previously said it expects to raise prices.

Reuters · 1d

Mondelez forecasts steep drop in annual profit on soaring cocoa prices

Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices, sending its shares down nearly 6% after the bell.

The Star · 16h

Oreo maker warns cocoa costs will drive down earnings

Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost inflation” would drive down earnings this year.

Food1h

Is the key to the cocoa crisis a blend of cocoa powder and fat?

As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...

FoodNavigator49m

Cocoa prices hit record high: What does this mean for industry?

The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...

Confectionery News6d

How brands are tackling cocoa shortages, shrinkflation, and pricing pressures

Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation.

Morningstar5d

Higher cocoa prices will pressure Hershey's stock, analyst says

Piper Sandler Analyst Michael Lavery slashed his price target for Hershey's stock (HSY) by $23 to $120 a share over "expectations that recently elevated cocoa costs will last longer than initially ...

Crain's Chicago Business3d

Your bakery order is about to become more expensive

Chicago's bakers are readying to raise prices as one of their most frequently used ingredients becomes increasingly expensive ...

1don MSN

Mondelez projects 5% revenue growth for 2025, highlights chocolate strategy amid elevated cocoa costs

Mondelez expects approximately 5% revenue growth for 2025, supported by revenue growth management (RGM) initiatives and price adjustments. Management acknowledged that adjusted EPS is expected to ...

Just-Food on MSN1d

Mondelez warns of additional “headwind” from Trump tariffs threat

Mondelez International said President Trump’s threat to impose import tariffs on Mexico and Canada could create a "headwind" ...

20hon MSN

'Koji flour' product can help reduce reliance on cocoa in popular foods

A collaboration between Abertay University and a food biotechnology company has led to the development of an innovative ...

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