HERSHEY, Pa., Feb. 8, 2024 /PRNewswire/ The Hershey Company today announced net sales and earnings for the fourth quarter and full-year ended December 31, 2023. .
(Bloomberg) Cocoa prices are climbing fast, and Hershey Co. may continue raising prices to keep up.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimUkraine’s Army Chief Leaves After Rift With ZelenskiyCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksXi’s Markets Shakeup Surprised Insiders, Showing Alarm Over RoutPrices for the all-important ingredient ar
Hershey's consolidated net sales increased 0.2%, with organic, constant currency net sales down 0.1%. The company expects 2024 net sales growth of 2% to 3%, driven primarily by net price realization, and reported earnings per share to be relatively flat.
Hershey says 'historic' cocoa inflation could push prices higher, Energy & Commodities businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.