Key Takeaways Historically high cocoa prices and soft consumer demand negatively affected Hershey's earnings and revenue.Two ...
CORRECTION: This article has been updated to provide correct FactSet consensus estimates for third-quarter profit and revenue ...
Nov 6 (Reuters) - Swiss chocolate maker Barry Callebaut (BARN.S), opens new tab posted annual profit growth as it managed to ...
Swiss chocolate maker Barry Callebaut on Wednesday said it does not see cocoa bean prices returning to the levels of the 2022 ...
Hershey aims to generate $300 million in savings by 2026 through cost-cutting measures and price hikes to offset rising cocoa ...
The U.S., Germany and Switzerland are promoting cocoa sustainability amid higher chocolate prices driven by climate changes ...
Barry Callebaut posted a 6.8% rise in annual profit despite flat sales volumes, as cocoa prices surged to record highs, ...
Cocoa farmers in Ghana are hoarding beans in anticipation of higher prices, limiting supplies, Reuters reported on Monday.
Kids trick-or-treating this Halloween may find less chocolate in their bags. Sky-high prices for cocoa, a key ingredient in chocolate products, mean confectioners are switching to non-chocolate ...
You may notice that the taste of chocolates on Halloween this time is slightly different; less chocolatey and some even more sugary. Chocolate makers collectively this year admit that they reduce ...
Cocoa production in Nigeria is projected to increase by as much as 10% on the back of elevated cocoa prices in the international market in the last one year. The AFEX 2024 wet season report states ...
Coffee prices in Vietnam, the world's largest producer of robusta coffee, have dropped by 20% from their peak in late April ...