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Hormel profit up 4% as Spam demand rises
marketwatch ^ | Matt Andrejczak,

Posted on 05/30/2009 10:03:54 AM PDT by JoeProBono

SAN FRANCISCO (MarketWatch) - Hormel Foods Corp. reported Thursday net income rose 4% for the quarter but sales growth was flat despite increased demand for Spam, Dinty Moore stews, and Chi-Chi's Mexican food items. Hormel reported second-quarter net income of $80.4 million, or 59 cents a share, up from $77.6 million, or 56 cents a share, in the year-earlier period. Sales were $1.6 billion, about even with last year.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Food
KEYWORDS: bhoeconomy; economy; hormel; spam
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To: Le Chien Rouge

I couldn’t face my Italian ancestors [or the Portuguese ones, for that matter] in the afterlife if I ate CHEF BOY -R-DEE.


41 posted on 05/30/2009 11:04:55 AM PDT by PzLdr ("The Emperor is not as forgiving as I am" - Darth Vader)
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To: JoeProBono

Best when sliced and fried with a cheese slice on top
and served on a saltine!


42 posted on 05/30/2009 11:11:40 AM PDT by urtax$@work (The best kind of memorial is a Burning Memorial.........)
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To: NewJerseyJoe

Its because Spam will survive a nuke bomb. Lasts forever...:O)


43 posted on 05/30/2009 11:29:42 AM PDT by goat granny
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To: goat granny

44 posted on 05/30/2009 12:12:40 PM PDT by Justaham
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To: urtax$@work

Also best when sliced, fried, and topped with eggs (over easy) on fried rice...


45 posted on 05/30/2009 12:14:55 PM PDT by Justaham
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To: NewJerseyJoe

I agree. I loved Spam sandwiches since I was a kid—but now that I’m retired I can’t afford them on my budget.

Spam costs over $3.00 per pound. I can often buy steak and pork cuts for $1.99. I bought chicken quarters today for .49 cents per lb.

So why buy Spam. It’s at the cost of premium meat cuts.


46 posted on 05/30/2009 12:47:57 PM PDT by wildbill ( The reason you're so jealous is that the voices talk only to me.)
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To: Beowulf9

Excuse you?!

I happen to love Spam, especially in Mac- n - cheese, and I belong to Mensa.

Maybe you aren’t that bright?

Think before you label. :(


47 posted on 05/30/2009 8:24:32 PM PDT by Shadowstrike (Be polite, Be professional, but have a plan to kill everyone you meet.)
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To: JoeProBono

A couple months ago , while taking my elderly blind mother to the grocery store, mom started putting spam in her cart. when i asked why she told me “for the depression”.

since she lived through the “great depression”, i defered to her expertise.

She died sunday. I guess she didn’t have to worry about the depression after all.


48 posted on 05/30/2009 9:43:05 PM PDT by annelizly
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To: JoeProBono

Hungry Hawaiians ..


49 posted on 05/30/2009 9:43:57 PM PDT by wardaddy (Obama .....you are not my friend. You are an enemy of this nation and my culture and traditions)
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To: JoeProBono

In my lower middle class potted meat early youth, Spam was a treat.

As was Treet....or Underwood Deviled ham

any kids here recall that?


50 posted on 05/30/2009 9:45:47 PM PDT by wardaddy (Obama .....you are not my friend. You are an enemy of this nation and my culture and traditions)
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To: PzLdr

uh...my late godfather was related to Chef Boyardee

*yep I’m Italian* http://en.wikipedia.org/wiki/Ettore_Boiardi

Never tried spam. Too skittish to can my own meats. Might try these, though:

http://www.internet-grocer.net/realmeat.htm


51 posted on 05/31/2009 3:24:03 AM PDT by Daisyjane69
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To: wardaddy

I absolutely LOVE Underwood Chicken Spread. I buy it to this day!


52 posted on 05/31/2009 3:25:56 AM PDT by Daisyjane69
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To: JoeProBono

"Mmmm - Spam & eggs!"



53 posted on 05/31/2009 4:05:08 AM PDT by COBOL2Java (Obamanation: an imploding administration headed by a clueless schmuck, with McCain as his Kowakian)
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To: Shadowstrike

Yeah. I had a friend who was in mensa since 6 years old and she thought them a bunch of fools, as they wanted her to be the ‘head’ of the local group.

Just because someone is 5 or 6 doesn’t mean they’re ready to run an organization, which is what they wanted her to do, for the ‘look’ of it.

mensa is bs.

spam is army food.


54 posted on 05/31/2009 6:27:34 AM PDT by Beowulf9
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To: Shadowstrike

oh, and my IQ is 136.


55 posted on 05/31/2009 6:28:34 AM PDT by Beowulf9
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To: COBOL2Java

>>>”Mmmm - Spam & eggs!”

Especially Spicy Spam - with the Tabasco sauce built-in. :)


56 posted on 05/31/2009 6:35:34 AM PDT by Keith in Iowa (ESPN MNF: 3 Putzes talking about football on TV while I'm trying to watch a game.)
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