Soaring cocoa prices put spotlight on Hershey, Mondelez earnings

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Explore stories from Atlantic Canada.

Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #news - Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when they report first quarter results this week.

"Typically, these companies incur higher cocoa costs first and then they go to their retail customers and try to increase prices," said CFRA Research's Arun Sundaram, adding there could potentially be stronger pricing in the second half. Data from market research firm Circana showed unit sales for chocolate in the U.S. dropped 1.8% in 13 weeks ending March 24, while prices climbed 6.3%.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 45. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Soaring cocoa prices put spotlight on Hershey, Mondelez earningsHershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »