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The extreme volatility causing cocoa prices to whipsaw should not impact Hershey’s performance in fiscal 2024, thanks to proactive hedging and supply chain diversification, but the outlook for next year is unclear, executives said during the company’s first quarter earnings call Friday.
Steve-voskuilWest-africaBusinessHersheyHershey warns 'sustained high prices' of cocoa will drive inflation in 2025, but will not affect fiscal 2024
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