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Cocoa Earnings See Lowest Drop In 15 YearsGhana’s cocoa export earnings have plummeted to $1.7 billion in 2024, the lowest in 15 years, marking a 25.4% decline from the previous year. Data from the Bank of Ghana reveals that cocoa production ...
In Q4, Hershey outperformed expectations on both the top and the bottom line. It generated nearly $2.9 billion in net sales, which was up almost 9% year over year. And it had net income of nearly $800 ...
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
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Barchart on MSNCocoa Prices Slump as High Prices Destroy DemandICE NY cocoa (CCH25) today is down -434 (-4.13%), and March ICE London cocoa #7 (CAH25) is down -255 (-3.08%). Cocoa prices ...
U.S. equities were mixed at midday as the market shifted its focus from events in Washington to the latest corporate earnings reports.
USA Today's Jon Santucci and Nick Wilson rank all seven Florida programs' 2025 class after the February signing day.
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
CEO Michele Buck emphasized the company’s focus on achieving balanced top-and-bottom-line growth in 2026 despite elevated cocoa prices. She highlighted the use of multiple levers, including pricing, ...
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
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