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 ...
I ate lots of this in SE Asia back in 1969.
I was too far from the chow hall and had a Sterno cooker in my hooch, so I cooked up Spam and whatever right there. The pan I used was an aluminum Jiffy Pop popcorn popper which was supposed to be discarded after use. But I cooked many a meal in it.
fire makes everything better!
It ain’t Spam, Spam, Spam, Spam... [music comes up]
I use the reduced sodium SPAM and boil it until the water turns white then fry to desired crispness.
With the regular SPAM I need to boil it twice.
Yes
Spam is okay but I get tired of it really quickly. It’s become a tradition in our family to have Spam as the breakfast meat one day in our annual camping trip. That’s usually sufficient for the entire year. It’s not like bacon that I could eat all the time.
Nothing like a wasabi hit on a cold December day to clear your sinuses.
I thought this article was about junk E-mail, not the product... 🤓
Mix up some brown sugar and mustard and put on SPAM slices before pan frying.
I wonder how their 55 gallon drum sales are going?
I have found most of the flavored SPAMs are not very good. I like the less sodium, black pepper, and hot and Spicy along with regular.
SPAM was one of the big items we sent to the CCCP during WW2. Studebaker trucks. Common wire, radios. I will ask my Russian teacher about it on Monday.
The bacon flavored Spam is an excellent substitute for trying to keep bacon in the fridge. Fries up gud.
Good Eats
TO ALL
I am looking for the Bill Mauldin cartoon about Russian soldier trying to translate SPAM from a lend lease ship.
Going to put it in December model club newsletter along with SPAM articles.
Thanks.
very cool.
needs brown onion gravy...
better for you than pop tarts!
John Wayne in the movie “Island in the Sky” opens rescue package dropped to stranded, starving plane crew. He pulls out a can of “SPAM” and immediately launches it.
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