Hosted on MSN2h
Valentine'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 ...
Oreo maker warns cocoa costs will drive down earnings per share 10%
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Mondelez Forecasts Steep Drop in Annual Profit on Soaring Cocoa Prices
The surge in cocoa prices, coupled with higher transportation costs, led to a 650-basis-point decline in the company's ...
Food5d
Is the key to the cocoa crisis a blend of cocoa powder and fat?
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Mondelez International Expects 2025 Earnings to Drop Amid Soaring Cocoa Costs
The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van ...
Why the price of your favorite chocolate will continue to rise
So, as you savor chocolate this Valentine’s Day, remember the fragile ecosystems behind it. The price of cocoa in early 2025 was near its all-time high, due in part to dry conditions in Africa.