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Despite record cocoa prices, Hershey earnings rise

Despite record cocoa prices, Hershey earnings rise
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Hershey sees cocoa price headwinds on the horizon

Hershey sees cocoa price headwinds on the horizon
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Hershey tight-lipped on cocoa pricing strategy into 2025

Hershey tight-lipped on cocoa pricing strategy into 2025
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Hershey warns 'sustained high prices' of cocoa will drive inflation in 2025, but will not affect fiscal 2024

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.

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Hershey warns 'sustained high prices' of cocoa will drive inflation in 2025, but will not affect fiscal 2024

Hershey warns 'sustained high prices' of cocoa will drive inflation in 2025, but will not affect fiscal 2024
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