The Latest Breaking News from Hershey

Cocoa futures rose to send Hershey stock lower on the assumption of higher costs, though financials reflect a resilient business with more upside.

As Hershey has lagged behind the broader market over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.

The Hershey Company (NYSE:HSY) shares surged Wednesday after the confectionery giant reported second-quarter earnings and sales that exceeded expectations, driven by volume gains and strategic execution across its U.S. confectionery and salty snacking businesses.

In a world where profits often trump quality, companies are constantly finding ways to trim expenses. But some cost-cutting moves have gone too far—damaging once-beloved products, frustrating loyal customers, and destroying brand trust. Whether it’s swapping out key ingredients, shrinking package sizes, or outsourcing production, the results are often disappointing…

Here’s the good news: The Hershey Company says it’s not raising prices for Halloween candy this year

Tariffs, however, are not to blame this time.

IN FULL

Hershey will raise its prices for retail customers by double digits, according to a new report

Cocoa futures just crumbled to their lowest level since November, and while that may sting for West African farmers, it's great news for candy bar capitalists. Chief among the beneficiaries is The Hershey Company (NYSE:HSY).