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Chocolate lovers be warned Cocoa prices have hit a record high

Global cocoa prices have surged to a record high this week as bad weather conditions impact crops in West Africa.

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Chocolate: Cocoa price hits record high as El Niño hurts crops

The cost of the key ingredient for making chocolate has roughly doubled since the start of last year.

Coted ivoireUnited kingdomNew yorkUnited statesIvory coastLuca zaramellaMichele buckWest africaCocoa pricesDry weatherChocolate manufacturersWest africa

Price of chocolate set to rise after 90% jump in cocoa costs

The cost of a sweet tooth is set to get higher as weather and growing demand for chocolate worldwide hits consumers

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The Hershey Company (NYSE:HSY) Q4 2023 Earnings Call Transcript

The Hershey Company (NYSE:HSY) Q4 2023 Earnings Call Transcript February 8, 2024 The Hershey Company beats earnings expectations. Reported EPS is $2.02, expectations were $1.95. The Hershey Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to […]

Steve voskuilAndrew lazarMichele buckSenior vice presidentGrowing professionsEast coast citiesThe hershey companyMelissa poole

Rising cocoa prices could make chocolate bars more costly, Hershey CEO says

Rising prices of raw cocoa could hurt the bottom line of chocolate manufacturers, who warned this week candy prices could rise as a result.

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