Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.

The confectionary giant is planning a frenetic Super Bowl spot to promote its Peanut Butter Cup Chocolate Lava Big Cup candies.

The outlook for food producers relying on cocoa is challenging in FY25 due to supply constraints, with Hershey facing downward pressure on shares.

Thursday closed down -538 (-4.58%), and March ICE London cocoa #7 (CAH25) closed down -367 (-3.99%). Cocoa prices Thursday dropped to 1-1/2 week lows and settled sharply lower as recent rain in West ...

Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further ...

I’ve always loved brownies, especially my Grandma’s Homemade Brownies, there’s just something super comforting about sinking ...

Is there anything more comforting than a slice of rich, chocolatey cake? We think not. And when it comes to chocolate cake, ...

Welcome to the Chocolate Museum & Cafe, where dreams of cocoa-coated bliss come true faster than you can say “Oompa Loompa.” ...

Nerds Gummy Clusters, a hit candy loved by celebrities and Gen Z, is returning to the Super Bowl after its strong growth ...

Once considered the largest dry city in Michigan, this inner ring suburb has redefined its food and drink scene with the ...

The insides are simply too gooey for a man who likes a little more complexity in his chocolate confections, who seeks the ...