Cocoa

Chocolate Price Hikes Sweeten Lindt & Sprüngli's Full-Year Operating Profit

Lindt & Sprüngli reported a slightly better than expected full-year operating profit, as it fares through historically high cocoa prices.

Ivory Coast Rains Revive Cocoa Farmers' Hopes For Healthy Mid-Crop

Strong rains across Ivory Coast's central regions are expected to strengthen cocoa trees and improve growing conditions for the April-to-September mid-crop...

Conagra Brands Narrows 2025 Profit Forecast On Supply Constraint Woes

Conagra Brands trimmed its annual profit and operating margin forecasts further, citing supply constraints and foreign exchange rates.

Hershey Forecasts Lower-Than-Expected 2025 Profit On Higher Cocoa Prices

Hershey forecast annual profit below Wall Street estimates as record cocoa prices weigh on the Kit Kat maker's margins.

Ghana's Cocoa Arrivals Put 2024/25 Output Target Within Reach, Sources Say

Cocoa arrivals at official Ghanaian warehouses neared 550,000 metric tonnes by end-January, putting the producer within reach of its output target for this...

Tony’s Chocolonely Posts Growth In Net Revenue In FY 2023/24

Dutch chocolate manufacturer Tony’s Chocolonely has reported 33.2% year-on-year growth in net revenue to €200.1 million in its full financial ye...

Mondelēz Forecasts Steep Drop In Annual Profit On Soaring Cocoa Prices

Mondelēz International forecast a bigger-than-estimated drop in its annual profit, signalling pressures from high input costs and soft demand.

Starbucks Reports Smaller-Than-Expected Sales Decline As Turnaround Takes Root

Starbucks reported a smaller-than-expected fall in first-quarter comparable sales, in early signs that the coffee chain was benefiting from CEO Brian Nicco...