The Hershey Co

HSY: XNYS (USA)

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Hershey Earnings: Cocoa Costs Stand to Erode Gross Margins, but Brand Edge Holds; Shares Attractive

Erin Lash

Feb 6, 2025

Despite a 9% pop in Hershey's fourth-quarter organic sales and a 60-basis-point uptick in adjusted gross margins to 44.8%, elevated cocoa costs are poised to dampen fiscal 2025 margins by 650-700 basis points.

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The Hershey Co

Hershey Earnings: Cocoa Costs Stand to Erode Gross Margins, but Brand Edge Holds; Shares Attractive

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