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

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...

Ghana's 2023/24 Cocoa Output Seen Almost 40% Below Target, Sources Say

Ghana's cocoa output for the 2023/24 season is expected to be almost 40% below a target of 820,000 metric tonnes, two sources from the country's...

Shoppers' Spending Power In Focus As Walmart Kicks Off Retail Earnings Season

US retailer Walmart Inc is expected to strike a cautious tone for 2024 when it reports results on 20 February.

Kraft Heinz Projects Slower Annual Sales Growth On Tepid Demand

Kraft Heinz forecast slower annual core sales growth, after missing quarterly sales estimates, a sign that demand for its soups, sauces and meat cold...

Hershey And Cadbury Chocolate Makers Eye Price Hikes To Cover Cocoa Crunch

The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit con...