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Chris Markoch

UNBELIEVABLE: Hershey vs mondelez which stock wins chocolate season | History Defined

Hershey Mondelez HSY Kirk Tanner MDLZ Michele Buck MarketBeat

It’s no surprise that The Hershey Company (NYSE: HSY) and Mondelez International (NASDAQ: MDLZ) are lagging the broader market in 2025. However, it’s worth noting that Hershey stock has outperformed Mondelez nearly 2:1 this year. This comes despite rising cocoa prices that impact both companies.

Cocoa prices may be beyond the companies’ control, but how each manages rising costs sets them apart. With Halloween and the holidays driving peak candy demand, the strength of their non-chocolate portfolios could determine which stock is the sweeter buy.

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