NEW YORK: Chocolate maker Hershey Co reported a better-than-expected quarterly profit and boosted its full-year profit forecast as lower commodity prices and new products boosted margins.
The maker of Kit Kat, Twizzlers and Reese's Peanut Butter Cups benefited from lower cocoa prices, which fell to an 11-month low in March.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
