Hershey

Hershey Raises Earnings Outlook After Positive Q1 Results

The Hershey Company has raised its full-year earnings outlook, on the back of a double-digit increase in sales in the first quarter of its financial year....

Ivory Coast, Ghana Cancel Cocoa Sustainability Schemes Run By Hershey

Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that US-based Hershey runs in their countries, accusing the chocolate maker of trying...

Ivory Coast Says Hershey Cocoa Beans Deal Could Derail Farmer Income Scheme

US chocolate maker Hershey's move to buy cheap beans from the New York futures exchange is an attempt to derail plans by Ivory Coast and Ghana to increase...

Hershey Reinstates Full-Year Outlook After Strong Q3 Sales

Hershey Co on Friday beat quarterly profit and sales estimates and reinstated its full-year outlook boosted by strong Halloween sales and demand for chocol...

Hershey Expects Sales To Grow For Rest Of 2020

Hershey Co beat quarterly profit estimates and said it expects sales to accelerate in the months ahead, boosted by strong demand for its cooking chocolate...

Hershey Says Mint, Gum Sales Hit As Lockdowns Restrict Social Gatherings

Hershey Co has said that sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged people from p...

Barry Callebaut Shores Up Liquidity After COVID-19 Epidemic Hit Sales

Chocolate maker Barry Callebaut tapped a €1 billion ($1.09 billion) revolving credit facility to shore up liquidity after the coronavirus ep...

Child Labour Still Prevalent In West Africa Cocoa Sector Despite Industry Efforts: Report

The use of child labour on cocoa farms in top producers Ivory Coast and Ghana has risen over the past decade despite industry promises to reduce it, accord...