Mondelēz, Hershey pressured by a prolonged spike in cocoa prices

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.

Feb 9, 2025 - 21:52
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Mondelēz, Hershey pressured by a prolonged spike in cocoa prices

The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.