Love is in the air – at least, for certain picks on the stock market it is. America's National Retail Federation says that nearly $26 billion will be spent on Valentines Day this year in the U.S. al
Shares of The Hershey Company NYSE: HSY are down about 7% following the company's mixed earnings report on February 8. The confectioner missed slightly on the top line, with revenue of $2.66 billion m
Cocoa prices have reached their highest levels on record, just in time for one of the biggest chocolate-buying holidays of the year: Valentine's Day.
Valentine's Day is often linked to a positive effect on the stock market's performance, with a general trend of short-term gains seen on the Day. The mood uplift could be related to the happy feelings

Wall Street Brunch: Retail Inflation In Focus

11:23am, Sunday, 11'th Feb 2024
This week, traders will have a lot of economic data to digest, including retail sales, manufacturing measures, jobless claims, and the consumer price index. The market is now pricing in a 16% chance o
Hershey Company (NYSE:HSY, ETR:HSY) shares moved lower after the chocolate-maker warned “historic” high cocoa prices could limit its earnings upside in 2024 as it also reported mixed fourth quarte
Fourth-quarter 2023 revenue was roughly flat with the year-ago period, missing Wall Street's consensus estimate of 2% growth. The quarter's adjusted earnings per share were flat with the year-ago peri
Hersey announced plans to implement a round of layoffs after reporting that inflation-ridden cocoa sent its candy prices higher and deterred consumers.
Hershey's (HSY) Q4 results reflect gains from pricing amid lower volumes. The company continues to focus on innovation and efficiency despite market challenges.

Jobless Claims Decreased More Than Expected

11:51am, Thursday, 08'th Feb 2024
This being Thursday morning, we see new Weekly Jobless Claims data ahead of the opening bell for trading. Initial Jobless Claims came in 2000 lower than projections to 218K, down 9K claims from the up
Hershey CEO Michele Buck joins 'Squawk on the Street' to discuss Buck's insight into the consumer, the dynamic between higher prices and volume sacrifices, and snacking trends in North America.
We're once again reassured that employment, on a finer week-over-week scale, is not falling off a cliff.
Hershey is highly exposed to soaring cocoa costs. The company generates over 90% of its revenue in the U.S.
Although the revenue and EPS for Hershey (HSY) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Stree
Hershey Corp. HSY, -0.27% reported a fourth-quarter earnings beat before market open Thursday, although shares fell 3% in premarket trades, weighed down by weaker-than-expected sales and guidance. The
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