Cocoa: latest news, insights and analysis | ESM Magazine

Mondelēz International Beats Quarterly Sales, Profit Estimates On Higher Prices

Mondelēz International beat market expectations for first-quarter sales and profit, helped by steady demand for its pricey products.

Easter Chocolate Sales Dented By Cost Of Living Crisis

With the cost of cocoa at an all time high, this Easter has seen the emergence of a phenomenon dubbed 'eggflation', with the price of chocolate eggs also i...

Hershey, Mondelēz Bet Big On Easter As Cocoa Price Crisis Looms

Hershey, Mondelēz and other confectionery firms are employing promotions and pitching more non-chocolate Easter treats like cookies 'n' cream bunnies at a...

Hershey Forecasts 2024 Sales And Profit Below Estimates, Announces Job Cuts

Hershey has forecast full-year sales and profit below estimates and said it would cut jobs that will impact less than 5% of its workforce.

Nestlé Introduces First KitKat Using Cocoa From Income Accelerator

Nestlé has announced the introduction of the first KitKat bars produced from cocoa mass made from beans grown by farmer families engaged in the comp...

Confectioners Eye Holiday Boost As UK Shoppers Snub Expensive Gifts

Quality Street maker Nestlé and Cadbury owner Mondelēz are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapp...

New Targets Give Investors A Taste For Barry Callebaut

Barry Callebaut set new medium term targets to boost sales volumes and earnings, lifting shares in the world's biggest chocolate maker as investors warmed...

Mondelēz Treats Investors With Third Annual Forecast Hike On Firm Demand

Mondelēz International hiked its annual sales and profit growth forecasts for the third time this year, betting on consumers to continue snacking on the Or...