Cocoa Soars to Fresh Record in Blow to World's Chocolate Supply [Yahoo! Finance Canada]
The Hershey Company (HSY)
Last the hershey company earnings: 4/23 07:00 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Prices for the crop soared earlier this year as weak harvests in West Africa — the major production hub — plunged the world into a third straight supply deficit. After cooling, the rally recently regained momentum as adverse weather further threatens the region's farms, limiting the chance to rebuild already low global stockpiles. Traders have also faced mounting costs to maintain positions, which forced a wave of bets to be closed out. Aggregate open interest fell to a decade low in November, and the thinning liquidity could continue to exacerbate market volatility ahead. The most-active contract rose as much as 4.1% on Monday to $11,768 a ton. Futures have more than doubled in 2024, forcing candy makers like Hershey Co. to boost prices. Cocoa's supply challenges have been compounded by longstanding industry problems, including crop disease and a legacy of low farmer pay. Newly-planted trees also take a few years to bear pods, delaying a meaningful p
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News
- Here's Why Hershey (HSY) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Cocoa Soars to Fresh Record in Blow to World's Chocolate Supply [Yahoo! Finance]Yahoo! Finance
- Why Was Hershey Stock on a Roller Coaster Ride Last Week? [Yahoo! Finance]Yahoo! Finance
- No, Robert F. Kennedy Jr. hasn't announced a Hershey's chocolate ban | Fact check [USA TODAY]USA TODAY
- The Hershey Company (NYSE: HSY) had its "neutral" rating re-affirmed by analysts at Bank of America Co.. They now have a $180.00 price target on the stock.MarketBeat
HSY
Earnings
- 11/7/24 - Miss
HSY
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/11/24 - Form 4
- HSY's page on the SEC website