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Stock impact report

'Volatile' Chocolate Prices Soar Toward Record Highs [Yahoo! Finance]

The Hershey Company (HSY) 
Last the hershey company earnings: 4/23 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
As the cost of chocolate reaches "unprecedented" heights, The Hershey Co. and other chocolate providers are facing price hikes in the coming months that will impact consumers of a variety of brands, according to a new report from the Associated Press While Hershey 's has vowed not to raise the prices of Halloween-branded candy this fall, according to the publication, U.S. retail prices for Reese's, Whoppers, barkThins and more will start to climb later this fall, which may reflect in both decreased pack sizes and increased list prices. “This change is not related to tariffs or trade policies," Hershey stressed to the publication. "It reflects the reality of rising ingredient costs including the unprecedented cost of cocoa.” Related: Hershey's Drops Delectable Seasonal Treat That Fans Say Should Be 'Year-Round': 'I Need 10 Bags Now' Earlier this week, Lindt confirmed that it had raised prices by 15.8% so far this year. While new long-term contracts helped offset some of the ri Show less Read more
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