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Zacks Investment Research on MSNMondelez Q4 Earnings Miss Estimates Amid Increased Cocoa CostsMondelez International, Inc. MDLZ posted fourth-quarter 2024 results, with the top line increasing year over year but missing ...
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Barchart on MSNHas World Sugar Futures Established a Bottom?In my Barchart January recap of the soft commodities sector in Q4 and where they are heading in 2024, I concluded, “Brazilian ...
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Barchart on MSNIs Cotton Cheap at Below 70 Cents per Pound?Cotton tends to rally in spring as the uncertainty of the annual crop peaks. Highs tend to occur from March through July. At ...
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It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter taste in your mouth.
Cocoa prices today are plunging, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices are retreating today after major chocolate maker Mondelez International ...
As cocoa prices hover near December’s record highs, however, the chocolate and salty snacks maker said net pricing will be the “primary” driver behind Hershey’s “at least” 2% growth ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat alternatives may provide some relief for companies. Cocoa prices reached an all-time high of $12,906 per metric ...
Cocoa prices retreated Wednesday, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices fell Wednesday after major chocolate maker Mondelez International ...
Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa. The company also cut selling, marketing, and administrative expenses.
The price of cocoa hit a record high in December, reaching $10.32 per kilogram. But rather than levelling out, or even declining, the price has continued to rise, reaching $10.75 per kilogram on 31 ...
(Reuters) - Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins. Packaged food companies including Hershey have had ...
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