Hershey: latest news, analysis and trading updates | ESM Magazine

Traders Face $1bn Loss On Faltering Ghana Cocoa Supply, Sources Say

Trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana failed to deliver beans this year, forcing trad...

Hershey Tops First-Quarter Estimates On Higher Pricing

Hershey exceeded Wall Street expectations for first-quarter sales and profit, benefiting from higher prices and steady consumer demand for its chocolates a...

How Food Companies Like Coca-Cola, Kraft-Heinz Are Targeting Low-Income Americans

Americans relying on government benefits to buy food and other essentials are slashing spending, prompting food makers like Kraft-Heinz and Conagra Brands...

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...

African Cocoa Plants Run Out Of Beans As Global Chocolate Crisis Deepens

Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, mean...

Campbell Soup Beats Quarterly Estimates On Steady Demand For Quick Meals

Campbell Soup topped market expectations for quarterly sales and profit and stuck to its annual forecasts, helped by steady demand for branded ready-to-eat...