There's money in chocolate

Discussion in 'World Events' started by See Post, Jan 27, 2009.

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    See Post New Member

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    Originally Posted By alexbook

    Amid all the bad economic news, let's take a moment to note the news from Hershey:

    >>Hershey said Tuesday fourth-quarter net income rose by 50%, as sales edged up and its chocolate business weathered the economic downturn better than many.<<

    <a href="http://money.cnn.com/news/newsfeeds/articles/djf500/200901270917DOWJONESDJONLINE000351_FORTUNE5.htm" target="_blank">http://money.cnn.com/news/news...UNE5.htm</a>

    I'm guessing people are turning to chocolate to help deal with the depression caused by watching the news. ;-)
     
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    Originally Posted By mele

    Ha, people usually find a way to get their vices.

    I was reading about the Hemline Index (Hemline Theory?) the other day. Kind of funny. I think it's odd that we tend to spend more on vices during an economic downturn but our skirts get longer?
     
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    Originally Posted By hopemax

    Chocolate is cheaper than therapy.

    Netflix also posted substantially increased profits. Up 45% in Q4 $8.99/mo for unlimited DVDs 1 at a time, is much cheaper than cable, movie theaters, concerts, etc.

    <a href="http://www.marketwatch.com/news/story/Netflix-shares-jump-strong-results/story.aspx?guid=" target="_blank">http://www.marketwatch.com/new...px?guid=</a>{0041B61D-9D8D-4473-B5BF-6C1835A5DA0A}
     
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    Originally Posted By hopemax

    Board didn't like that link, so here is another one. <a href="http://blogs.reuters.com/fanfare/2009/01/27/note-to-netflix-theres-a-recession-on/" target="_blank">http://blogs.reuters.com/fanfa...sion-on/</a>
     
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    Originally Posted By wonderingalice

    And this Big Hair Girl can attest to another industry that's reportedly doing very well... Hair and body pampering/care products. :)


    Oh... And McDonald's. *L*
     
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    Originally Posted By wonderingalice

    Not that I indulge in McDonald's very often... A McSkillet Burrito once a week or two weeks (they're very high in cholesterol, but nasty-yummy ;-) is it.

    But the In-n-Out Burger they built near us recently has a HUGE line of cars and a full lobby every time we drive by (have only stopped in twice so far... another guilty pleasure. :)
     
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    Originally Posted By DAR

    There's also money in turning in your gold for cash.
     
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    Originally Posted By Dabob2

    And there's always money in the banana stand.
     

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