Hershey Hit With Sell Call as High Prices Dent Chocolate Sales
WEB1 day ago · Dickerson cut his 12-month price target for Hershey shares to a Street-low $163 from $184, implying a 15% drop from Wednesday’s close. The stock fell as much as 1% Thursday, furthering its ...
Hershey Hit With Sell Call as High Prices Dent Chocolate Sales
WEB15 hours ago · September 26, 2024 at 12:22 PM EDT. Save. Jefferies is turning more cautious on Hershey Co. shares as consumers curb their snacking and pull back on higher-priced chocolates in particular. Analyst ...
Hershey's faces a bittersweet future as chocolate becomes even …
WEBShares are down 0.75% in Thursday's trading with the stock in the red for a ninth consecutive day at a total loss of 7.5%. The price gap between chocolate to other snacks has widened dramatically ...
Analysts Downgrade Hershey Stock Because of a 'Concerning' Chocolate …
WEB10 hours ago · The Hershey Co.'s stock was dropped to underperform by Jefferies analysts, who called chocolate “amongst the most concerning” segments of the snack sector in a note Thursday.
Hershey shuffles jobs to better align with growth | Food Dive
WEBSep 20, 2024 · Listen to the article 2 min. Hershey is shuffling around a small number of jobs to better align with its long-term growth plans. The Reese’s and Dot’s Pretzels manufacturer said it is laying ...
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WEBHershey is making news all around the world. Explore the latest stories about our brands, our people and our expertise. Press Releases. View All Releases. Blogs. Introducing Reese's University: Where The Cups Are Overflowing With Potential.
Hershey Unwraps its Latest Capacity: A New Reese Plant Extension …
WEBHershey is building its first new U.S. chocolate manufacturing facility in more than three decades. When it opens in mid-2024, the facility will employ about 125 people and increase production and flexibility for many of Hershey’s chocolate brands.
Consumer Reports Urges Hershey’s to Get Heavy Metals Out of Chocolate …
WEBOct 25, 2023 · YONKERS, NY – Consumer Reports is calling on Hershey’s to step up its efforts to reduce the levels of toxic heavy metals from its chocolate products after its latest tests found the company’s...
Cocoa Shortage Causes Higher Chocolate Prices, Boosting Hershey …
WEBMay 3, 2024 · The sharp rise in cocoa prices is leading to big gains at Hershey Co. The chocolate and salty-snack company said on Friday that its first-quarter sales and profit sailed past analyst estimates...
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WEBReese's New Chocolate Lava Big Cup. The new offering gives a rich and gooey eating experience that complements the iconic chocolate and peanut butter combination that fans know and love. Learn More. Announcing Second-Quarter Results. Listen to our second-quarter earnings results.