Chocolate

Hershey Cuts Annual Forecast As Higher Prices Dent Demand

Hershey trimmed its annual revenue and profit forecasts after missing Wall Street estimates for third-quarter.

Barry Callebaut Sees A Second Year Of Flat Sales Volumes On High Cocoa Prices

Barry Callebaut posted annual profit growth as it managed to pass on surging cocoa prices to customers, but said it expects a second straight yea...

Mondelēz International Beats Quarterly Results On Steady Demand, Higher Prices

Mondelēz International on Tuesday beat Wall Street expectations for third-quarter revenue and profit, as the Cadbury parent's efforts to provide its produc...

US Candy Companies Sideline Pricey Halloween Chocolates For Gummies, Licorice, Flavoured Crèmes

Trick-or-treaters hoping to collect handfuls of chocolate candy this Halloween might be facing a bit of a letdown.

Confectionery Firm Natra To Acquire Belgian Chocolate Maker Gudrun

Spanish confectionery firm Natra is to acquire Belgian chocolate maker Gudrun from its current owner Down2Earth Capital.

Cocoa Traceability Rates Fail To Improve As EU Deforestation Law Looms

The volume of cocoa in Ivory Coast and Ghana that can be fully traced did not increase last year, a major UN-backed report has found.

Nestlé Expands Kit Kat Factory In Brazil, Making It World’s Largest

Nestlé has significantly expanded its KitKat capacity in Brazil by adding a fourth production line to its chocolate factory in Caçapava, S&at...

Chocolate Maker Barry Callebaut Halts Production At Mexico Plant

Swiss chocolate maker Barry Callebaut has halted operations at one of its plants in Mexico after tests found that production at that site did not meet the...