Hershey (NYSE:HSY) edged lower by 0.7% in premarket trading as it was cut to underweight at Wells Fargo on earnings risk for ...

Shares in US chocolate maker Hershey have jumped by more than 10% after a report that Mondelez International, which owns ...

Sugar costs are also high. Last month, Hershey Co. cut its outlook for net sales growth and earnings, as inflation-weary consumers watch their budgets. Its Chief Financial Officer Steve Voskuil ...

Last month, Hershey cut its revenue and profit forecasts. Its chief financial officer, Steve Voskuil, said high cocoa prices will be the "biggest source of inflation" for the firm going forward.

Hershey has KitKats, Reese’s, Jolly Rancher and SkinnyPop Popcorn, in addition to its namesake chocolate. Health-conscious customers have cut back on snacking, purchasing fewer unhealthy foods ...

Hershey stock has outperformed Mondelez, despite the fact that Hershey’s sales have struggled lately. (David Paul Morris/Bloomberg News) A deal between Mondelez and Hershey never looked likely ...

HSY’s Guidance Cut Reflects Uncertainty Amid ongoing challenges, Hershey has revised its 2024 outlook, now expecting flat sales growth instead of the previously forecasted nearly 2% increase ...

10:34 EST Hershey’s (HSY) main owner rejected Mondelez (MDLZ) bid as too low, Bloomberg says Pick the best stocks and maximize your portfolio: Discover top-rated stocks from highly ranked ...

It could be the second bid Mondelēz International makes for The Hershey Company; the first was in 2016 for a hefty $26bn. But, if reports of a takeover try are true, Mondelēz could be a bit more ...

The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said, potentially ending a fresh ...