Hershey records profit rise in Q1 as domestic market holds steady
The Hershey company reported an uptick in sales, income, and earnings per share when it announced net sales and earnings for the first quarter ended 31 March, 2024.
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The Hershey company reported an uptick in sales, income, and earnings per share when it announced net sales and earnings for the first quarter ended 31 March, 2024.
HERSHEY, Pa., May 3, 2024 /PRNewswire/ -- The Hershey Company today announced net sales and earnings for the first quarter ended March 31, 2024 and reaffirmed its 2024 net sales and earnings...
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The company said it benefitted from the Valentine's Day holiday season the most
Since the price of a ton of raw cocoa on the London commmodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains b