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Hershey using ‘every lever in the toolbox’ to reduce impact of cocoa tariff - MarketWatch

1. Hershey is negotiating with the White House to reduce tariff costs. 2. Cocoa prices remain volatile despite recent decreases, impacting production costs. 3. The company projects a 2% sales increase for the year. 4. Adjusted earnings expected to drop 32% year-over-year for Q2. 5. Hershey explores natural coloring options amid food dye restrictions.

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FAQ

Why Bearish?

The anticipated tariff costs and declining earnings projections indicate financial challenges ahead.

How important is it?

The article discusses tariff impacts and earnings, directly affecting HSY's near-term financial outlook.

Why Short Term?

Immediate tariff impacts and Q2 earnings affect short-term financial performance, particularly in Q2 results.

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