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16.10.26 - 18:57
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Cocoa Grindings Crush Estimates, Chocolate Stocks Rise: Is Hershey A Buy? (ZeroHedge)
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Cocoa Grindings Crush Estimates, Chocolate Stocks Rise: Is Hershey A Buy?
A new Bloomberg survey found that third-quarter cocoa processing in Asia and Europe exceeded estimates, signaling a potential demand recovery as lower bean costs improve processing margins. The rebound follows a period of record-high cocoa prices that sparked demand destruction among consumers.
Asian processing soared 29% in the third quarter to its highest quarterly level since 2011, according to the Cocoa Association of Asia. In Europe, grindings rose 3.2% from one year ago, marking the region's first quarterly year-on-year increase since 2024, according to the European Cocoa Association.
New York cocoa futures rose .5% on Thursday to about $5,762 a ton, roughly 157% above this year's low of $2,243. Despite the rebound, prices remain more than 50% below the $12,000 levels reached at the height of the cocoa shortage in late 2024
"The market was already trending in a bullish direction and this will add to the sent...
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31.03.26 - 14:01
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Hershey Reaffirms FY26 Sales, Earnings Guidance (AFX)
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WASHINGTON (dpa-AFX) - The Hershey Company (HSY) said, for fiscal 2026, the company continues to project: total company net sales growth in a range of 4% to 5%, organic net sales growth in a range......
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05.02.26 - 13:18
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ROUNDUP: Hershey Guides FY26 Above Estimates (AFX)
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WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Thursday, Hershey Co. (HSY) initiated its adjusted earnings and net sales growth guidance for the full-year 2026.......
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05.02.26 - 13:12
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Hershey Co. Q4 Profit Declines (AFX)
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WASHINGTON (dpa-AFX) - Hershey Co. (HSY) released earnings for fourth quarter that Drops, from last yearThe company's earnings totaled $320.02 million, or $1.57 per share. This compares with $796.......
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30.10.25 - 17:18
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Hershey Shares Slide Despite Strong Q3 Earnings and Revised Full-Year Guidance (24/7 Wall St.)
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Hershey (NYSE: HSY) delivered a decisive earnings beat this morning, posting third-quarter results that significantly exceeded Wall Street expectations and prompted management to raise full-year guidance. The stock was up sharply in early trading on the strength of the numbers and the company's improved outlook, but since the open, shares are down. Strong Execution Drives ... Hershey Shares Slide Despite Strong Q3 Earnings and Revised Full-Year Guidance
The post Hershey Shares Slide Despite Strong Q3 Earnings and Revised Full-Year Guidance appeared first on 24/7 Wall St.....
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