The Hershey Company has confirmed it plans to raise prices across its portfolio, blaming the increase on the rising costs of ingredients, and particularly cocoa.

Major consumer brands like Procter & Gamble, Mondelēz and Hershey warn the tariffs will drive up costs on everyday products from popular snacks to common household items.

The candy company believes it can alter pricing on most of its products without having a "significant effect on sales," Hershey CEO Michele Buck said.

The sweets and snacks giant trimmed its outlook for the full year despite surging second quarter sales as it braces for the ...

Chocolate suppliers in Canada and Mexico are likely to benefit from the change, while domestic factories face higher prices.

Despite being owned by different companies, Oreo and Reese's are bowing to the fans' demands and releasing a sweet ...

Under the United States-Mexico-Canada free trade pact (USMCA), which the Trump administration has confirmed remains in place, ...

Global cocoa prices have climbed to nearly $10,000 per metric ton this year, more than triple the typical cost.

The Hershey Company's faces challenges from rising costs and market shifts. Click for my updated look at HSY Q2 earnings and ...

The candy giant forecast adjusted earnings per share to tumble a steeper 36% to 38% this year, with tariff expenses as high ...

The chocolate company recently informed its retail partners it is raising prices, blaming rising cocoa prices.

U.S. equities were mixed at midday with the market reacting to a strong report on the U.S. economy while awaiting the Federal ...