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The Cool Down on MSNValentine's Day treats are at risk as small bakeries struggle with rising chocolate costs: 'I don't know if I'll be able to continue'Soaring cocoa prices are forcing bakeries to rethink recipes, cut costs, and even close their doors. Valentine's Day treats ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
The surge in cocoa prices, coupled with higher transportation costs, led to a 650-basis-point decline in the company's ...
Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
That means cutting costs and raising prices ... The rise in the price of cocoa seems like something that will pass in time. As does the push toward more health-conscious foods.
The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van ...
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