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Spam sales hit record high for seventh year in a row
bbc ^

Posted on 12/10/2021 7:50:14 AM PST by mylife

Sales of the canned cooked meat Spam have hit a record high for the seventh year in a row, despite pandemic-related challenges.

That helped Hormel, the company that makes the iconic brand, deliver record sales of $3.5bn (£2.65bn) in the three months to the end of October.

The firm's boss said it will start work on expanding its range of Spam products next year.

Hormel's shares rose by almost 6% in New York on Thursday.

"The Spam brand delivered its seventh consecutive year of record growth," Hormel's chief executive Jim Snee said on a conference call with investors.

"We are also beginning work on another expansion for the Spam family of products scheduled to be operational in 2023," he added.

Hormel, which completed its takeover of the Planters peanut brand in June, saw sales rise by 19% to $11.4bn for the year as a whole.

That came even as the company was faced with supply chain issues during the coronavirus pandemic.

To help limit the impact of supply issues in the future Hormel said it has signed a new five-year contract for supplies of pork, the main ingredient in Spam.

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


TOPICS: Business/Economy; Chit/Chat; Food; Miscellaneous
KEYWORDS: food; spam
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To: TexasGator

That you are aware of...


41 posted on 12/10/2021 8:20:50 AM PST by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun....)
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To: mylife

I actually kinda like it. I always had canned meat when I was working, hiking, traveling.

Been eating it since I was 5 years old. I saw a can in my dad’s lunch box when he got home. I figured if my dad was going to eat it I would too. Same for sardines.


42 posted on 12/10/2021 8:22:02 AM PST by I got the rope
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To: mylife

I repeat:

Lived in Korea for two years. Never saw or ate spam.


43 posted on 12/10/2021 8:22:08 AM PST by TexasGator (UF)
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To: I got the rope

nothing wrong with sardines.


44 posted on 12/10/2021 8:23:14 AM PST by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun....)
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To: discostu

I don’t know where you live to have prices that high and I only buy when it’s on sale. But even at its normal price around around here of $4.00 per 12 ounce can that only equates to 33cents per ounce or $5.28 a pound which at times is a whole lot cheaper than what is in the butcher aisle lately.

Now that I see it in those terms, I think I will stock up on a few extra cans and some cans of diced white potatoes, add in some chopped onions and spices and it makes for some pretty good homemade breakfast hash in a pinch.


45 posted on 12/10/2021 8:23:54 AM PST by penguinhunter
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To: j.havenfarm

Sounds good except American cheese which is to cheese what margarine is to butter

I like thin crispy spam too.

Panini style sounds like a good idea

Being an epicurean as well like yourself I have a panini maker too

Made in Italy no less


46 posted on 12/10/2021 8:24:19 AM PST by wardaddy (Too many uninformed ..and scolds here )
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To: BBQToadRibs2

No. Just. No.


47 posted on 12/10/2021 8:25:08 AM PST by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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To: mylife

I’ve always liked SPAM, but lately have found it to be too salty. I have found Bristol brand of cooked ham, sold at Dollar General to be more to my taste. Not the heavy smokey flavor one.

I still remember SPAM in cartoons and movies. One Bill Mauldin WW II cartoon shows Russians looking in an English-Russian translation guide trying to figure out what SPAM and MAZOLA Oil was.
The other was the movie ISLAND IN THE SKY with John Wayne, in which starved isolated survivors of an arctic plane crash gets a food drop. First thing they do is hunt through it to find the SPAM, and toss it as far away as they can. They had enough of it in WW II.


48 posted on 12/10/2021 8:26:15 AM PST by Ruy Dias de Bivar (OUT of Facebook Jail! But for how long?)
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To: Ruy Dias de Bivar

:)


49 posted on 12/10/2021 8:29:27 AM PST by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun....)
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To: wardaddy

Very important point. I do not use “processed cheese food.” At the store Kraft has. six or eight different configurations of processed cheese food. However they also still sell traditional American Cheese, though not at every store.
You just have to be careful which package you pick up. I agree that “Cheese food” is vile and I won’t eat it.


50 posted on 12/10/2021 8:30:50 AM PST by j.havenfarm (21 years on Free Republic, 12/10/21! More than 5000 replies and still not shutting up!)
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To: BBQToadRibs2
Just

No

51 posted on 12/10/2021 8:30:50 AM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: mylife

52 posted on 12/10/2021 8:32:02 AM PST by al_c (Democrats: Party over Common Sense)
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To: discostu; Salamander

Online about three bucks a can

1800 calories per can

Chicken hot dogs if you look hard can be found for 79 to 89 cents a pack of six and 1100-1200 calories

Much cheaper bang for buck

Spam taste better if cooked right

I know this because I feed my two 140-150 pound Rottweilers a lot of hot dogs in their diet

They like them and it’s a lot of calories for the money

Cheaper than most dog food cereal bags some of which are nice like Origen but super pricey

Cheap dogs are their staple along with what we eat ....and some dynovite bars which I’m not sure are al that or not

They are both big and robust and shiney from all that chicken fat.....I noticed they’ve picked up some Yiddish


53 posted on 12/10/2021 8:32:41 AM PST by wardaddy (Too many uninformed ..and scolds here )
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To: al_c

:)


54 posted on 12/10/2021 8:34:21 AM PST by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun....)
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To: mylife

Fried rice and Spam!


55 posted on 12/10/2021 8:35:01 AM PST by fatboy
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To: penguinhunter

Last time I priced Spam the 12 oz can was the same price as the per pound price of ham. Now admittedly try buying a pound of ham. But it keeps well, is cheaper, and tastes better.


56 posted on 12/10/2021 8:37:18 AM PST by discostu (Like a dog being shown a card trick )
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To: wardaddy

https://www.youtube.com/watch?v=mOJ2J4E9Nkk


57 posted on 12/10/2021 8:37:44 AM PST by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun....)
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To: HartleyMBaldwin

Well then, can I have Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam, Spam and Spam?


58 posted on 12/10/2021 8:43:42 AM PST by cuban leaf (My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
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To: fatboy

pretty tasty.


59 posted on 12/10/2021 8:43:43 AM PST by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun....)
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To: fatboy

add some egg, green onions... viola!


60 posted on 12/10/2021 8:49:53 AM PST by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun....)
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