Chocoholics continue to seek their sweet fix sales at the Hershey Company and the UK's Cadbury are positive, even robust. Hershey reported fourth quarter earnings that were 9.3% higher than year-earlier levels. Cadbury, based in Britain, said it expects to report "strong profit growth for 2008"
Although sales are also going well at higher-end chocolate makers like Lindt & Sprüngli, they are seeing slower growth. Consumers are trading down from premium, luxury chocolates to more affordable treats. One concern for all chocolate makers is a recent spike in cocoa prices, which could crimp margins in the year ahead.
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