The Hershey Aktie News

HERSHEY, Pa. , May 3, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the first quarter ended March 31, 2024 and reaffirmed its 2024 net sales and earnings outlook.

Although the demand for inflation-resistant stocks has fallen in the past six to 12 months as consumer prices have moderated, JPMorgan Chase (NYSE: JPM ) CEO Jamie Dimon isn't convinced inflation has gone the way of the dodo bird.  “Many key economic indicators today continue to be good and possibly improving, including inflation.

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Investors are closely watching how major chocolate manufacturers Hershey and Mondelez International will address the recent sharp increases in cocoa and sugar prices as they release their first-quarter results this week. Both companies have faced elevated costs over the past several quarters, partly mitigating these through consumer price hikes.

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.

Though economic stress could be on the way, a few groups of stocks can benefit.

As a self-proclaimed dark chocolate lover, the bitter stuff with 70+% cocoa content, I've recently observed some strange goings-on during my recent dark chocolate bar purchases. A recent explosion of independent dark chocolate brands may have contributed greatly to cocoa bean demand. I've noticed a recent "blow out" sale due to some discontinued dark chocolate bars at local grocery chains, indi...

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