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

Economists say some consumers can expect to pay up to 20% more for chocolate this Valentine’s Day than in 2024.

The stock fell 5% at 5:54 p.m. in after-hours trading in New York. Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive Officer ...

green up pointing triangle shares fell on Wednesday after the company missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand. Shares were ...

Company CEO Michele Buck said she expects the surge in cocoa prices to put "significant pressure on 2025 earnings." Shares of the company, however, rose about 3% in premarket trading after ...

Cocoa futures on London's Intercontinental Exchange (ICE) were last week trading at 8,363 UK pounds ($10,671, E10,136) per metric ton, a five-fold price increase ... of the economics and ...

Again, citing those higher cocoa prices, he slashed his 2026 profit estimate for Hershey to $7.05 a share from $8.50 a share. Both Mondelez and Hershey stock prices were down in mid-trading on Friday.