Prices Are Up For Valentine's Day Chocolate As Cocoa Prices Hit Record High
Record high cocoa prices might make your Valentine's Day gifts somewhat bittersweet this year. Here's why chocolate is more expensive.
In Boston, consumers grapple with high chocolate prices ahead of Valentine's Day
BOSTON - Valentine's Day is just days away, and grocery store shelves are full of chocolate. "Dark chocolate is the way to my heart," said Boston neighbor, Jessica Gullak. The sweet stuff melts Gullak's heart, but this year, the price of Valentine's Day chocolates may leave some with a bitter taste.
Valentine's Day chocolates and wines getting more expensive to make, thanks to climate change
Earth's warming climate is proving challenging for chocolate makers and wineries as Valentine's Day favorites become more expensive to produce.
Cocoa prices hit record high: What does this mean for industry?
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what does this mean for the future of the highly sought after commodity?
Chocolate prices up 20% this Valentine’s Day
(CNN)– There are very few sweet deals on chocolate this Valentine’s Day. In fact, the price tag on chocolate treats may leave a bitter taste in your mouth. One expert says you can expect to see chocolate prices jump around 10 to 20 percent over last year.
Chocolate prices are up this year as Valentine’s Day approaches
Valentine’s Day is approaching and like most other food items, you can expect to pay more for chocolate. News 10's Marz Anderson
New tariffs could mean rising chocolate costs ahead of Valentine's Day
Valentine's Day is fast approaching. Chocolate is always one of the most popular gifts to give a loved one. But, with new tariffs being implemented, the price of paying for that sweet treat could go up enough to break your heart.
Oreo maker warns cocoa costs will drive down earnings per share 10%
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
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Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
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Is the key to the cocoa crisis a blend of cocoa powder and fat?
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Chocolate prices are up 20% this Valentine’s Day as cocoa prices hit record
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
Warning to anyone buying chocolate as supermarkets braced for issue
Shoppers buying chocolate in supermarkets are being warned to brace for higher prices due to climate change. Ghana and Ivory ...
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Tony's Chocolonely to raise prices of chocolate bars due to high cocoa costs
Tony’s Chocolonely CEO Douglas Lamont has warned that price increases should be expected for the company’s chocolate bars if ...
Mondelez projects 5% revenue growth for 2025, highlights chocolate strategy amid elevated cocoa costs
Q4 2024 Management View Dirk Van De Put, Chairman and CEO, stated that Mondelez delivered balanced top-line growth with a mid-single-digit increase in revenue and positive volume mix during the second ...