Record cocoa prices heading into Valentines Day proves to be a headache for sweets king Hershey – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
Source: winnipegfreepress.com
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Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs that are leading to higher prices for chocolate.
Cocoa futures prices have doubled over the past year and hit an all-time high of $5,874 per metric ton on Friday.
How will a less hungry, potentially healthier customer affect business?
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