The company reported strong third-quarter earnings but subsequently lowered its financial outlook. The revised guidance is attributed to several near-term challenges, including retailer destocking, soft consumer demand in Europe, and ongoing tariff uncertainty. Compounding these issues, the company is facing financial pressure from rising cocoa costs due to poor crop yields in West Africa. In response, it has initiated a strategy to diversify its cocoa sourcing to Southeast Asia in an effort to mitigate future supply chain and commodity cost risks.