Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on Wednesday, hit by delayed orders as its clients renegotiate product prices with ...
The chocolate company’s shares fell after it missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand.
The company said it expected its full-year sales volume to fall by a low single-digit percentage. It had previously said it expected flat cocoa sales volume for the fiscal year, as the raw material ...
Customer-retailer pricing negotiations, delayed orders and stock-keeping unit (SKU) rationalization impacted Barry Callebaut negatively in the first quarter ended Nov. 30, 2024, leading to a 2.7% ...
Record cocoa prices are prompting chocolate buyers to postpone orders and attempt to renegotiate pricing, according to ...
BMI (a unit of Fitch Solutions) on Thursday revised up its price forecast for ICE-listed second-month cocoa futures to $7,600 ...
Barry Callebaut has released its latest Cocoa Horizons report, revealing key progress on its activities targeting support for producing nations in Ivory Coast, Ghana, Cameroon, Nigeria, Brazil, ...
Barry Callebaut's actual sales volume decline of 2.7% exceeded the market's expected decline of 2.2%. This drop was ...
Barry Callebaut BARN-0.88%decrease; red down pointing triangle shares fell on Wednesday after the company missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa ...