Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...

Earth's warming climate is proving challenging for chocolate makers and wineries as Valentine's Day favorites become more ...

Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...

The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...

As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...

The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van ...

Hershey is expecting “significant pressure on earnings” in 2025 from stubbornly high cocoa costs but still envisages an acceleration in sales revenue. As cocoa prices hover near December’s ...

Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling ...

Tony’s Chocolonely CEO Douglas Lamont has warned that price increases should be expected for the company’s chocolate bars if ...

Mondelez expects approximately 5% revenue growth for 2025, supported by revenue growth management (RGM) initiatives and price adjustments. Management acknowledged that adjusted EPS is expected to ...

green up pointing triangle reported earnings missed that missed expectations and guided for a drop in 2025 adjusted earnings as it navigates rising cocoa costs. Shares fell 5% to $53.70 after the ...