A can of Spam is shown on a counter in North Andover, Mass. Thursday, Aug. 20, 2009. Hormel Foods Corp. said Thursday its third-quarter profit rose 49 percent to beat estimates as costs fell, but sales and volume dropped as consumers limited their spending on more expensive items like microwavable meals. The Austin, Minn. -based company continued to see strong sales in its Spam franchise, in Hormel chili and in Mexican products like Chi-Chi's. AP Photo logo AP Photo 3 months ago

A can of Spam is shown on a counter in North Andover, Mass. Thursday, Aug. 20, 2009. Hormel Foods Corp. said Thursday its third-quarter profit rose 49 percent to beat estimates as costs fell, but sales and volume dropped as consumers limited their spending on more expensive items like microwavable meals. The Austin, Minn. -based company continued to see strong sales in its Spam franchise, in Hormel chili and in Mexican products like Chi-Chi's.

More Photos of

Explore Photos of Related Topics

  1. A display of Hormel's Spam at a grocery store in Palo Alto, Calif., is shown Monday, Nov. 23, 2009. Hormel Foods said Tuesday, its fourth-quarter profit rose more than 50 percent, helped by lower ingredient costs even as sales slipped on lower meat prices and a continuing pullback in consumer spending.

Recent Photos From The Wire

  1. Swedish Prime Minister Fredrik Reinfeldt (2nd R), European Commission President Jose Manuel Barroso (3rd R), Chinese Premier Wen Jiabao (L) and other officials attend the EU-China summit in Nanjing, Jiangsu province, November 30, 2009.
  2. HOLLYWOOD - NOVEMBER 29: Dizzy Feet Foundation founding member Nigel Lythgoe speaks onstage at the Dizzy Feet Foundation's Inaugural Celebration of Dance at The Kodak Theater on November 29, 2009 in Hollywood, California.
  3. HOLLYWOOD - NOVEMBER 29: Dizzy Feet Foundation Founding Member Adam Shankman speaks onstage at the Dizzy Feet Foundation's Inaugural Celebration of Dance at The Kodak Theater on November 29, 2009 in Hollywood, California.
  4. HOLLYWOOD - NOVEMBER 29: Dizzy Feet Foundation founding member Nigel Lythgoe speaks onstage at the Dizzy Feet Foundation's Inaugural Celebration of Dance at The Kodak Theater on November 29, 2009 in Hollywood, California.
  5. Saskatchewan Roughriders quarterback Darian Durant (L) is being chased by Montreal Alouettes defender Diamond Ferri (40) and Jermaine McElveen (98) during the first half of the 97th CFL Grey Cup football game in Calgary, Alberta, November 29, 2009.
  6. HOLLYWOOD - NOVEMBER 29: Dizzy Feet Foundation founding member Nigel Lythgoe speaks onstage at the Dizzy Feet Foundation's Inaugural Celebration of Dance at The Kodak Theater on November 29, 2009 in Hollywood, California.
  7. HOLLYWOOD - NOVEMBER 29: TV personality Cat Deeley attends the Dizzy Feet Foundation's Inaugural Celebration of Dance at The Kodak Theater on November 29, 2009 in Hollywood, California.
  8. HOLLYWOOD - NOVEMBER 29: TV personality Cat Deeley attends the Dizzy Feet Foundation's Inaugural Celebration of Dance at The Kodak Theater on November 29, 2009 in Hollywood, California.
  9. A red ribbon hangs in advance of World AIDS Day on the front of the White House in Washington, November 29, 2009. World AIDS Day will be commemorated December 1.
  10. An early blood transfusion from lamb to man is seen in this handout photograph released in London November 30, 2009. A gruesome account of a 1666 blood transfusion and amusing notes about how a 8-year-old Mozart responded to tests of his genius were published on Monday as part of an online history of scientific endeavour.
  11. Stanford's Jeanette Pohlen, right, and Gonzaga's Courtney Vandersloot collide in the second half of an NCAA college basketball game, Sunday, Nov. 29, 2009, in Stanford, Calif. Stanford won 105-74.
  12. Portugal's President, Anibal Cavaco Silva, searches for a glass of water as he delivers his speech during the Inaugural Session of the XIX Ibero American summit at the Belem Tower in Lisbon, Portugal, Sunday, Nov. 29, 2009. The annual summit brings together the leaders of 19 Latin-American countries plus Portugal, Spain and Andorra.
  13. Stanford's Nnemkadi Ogwumike, right, reacts after she scored a basket and was fouled by a Gonzaga player in the first half of an NCAA college basketball game, Sunday, Nov. 29, 2009, in Stanford, Calif. Katelan Redmon (23) looks on.
  14. Gonzaga's Courtney Vandersloot, right, goes up for a shot, while being guarded by Stanford's Nnemkadi Ogwumike in the first half of an NCAA college basketball game, Sunday, Nov. 29, 2009, in Stanford, Calif.
  15. Gonzaga's Courtney Vandersloot gets control of a loose ball, guarded by Stanford's Jeanette Pohlen in the first half of an NCAA college basketball game, Sunday, Nov. 29, 2009, in Stanford, Calif.
  16. Portuguese singer, Mariza, reacts as she sing a 'Fado' during the Inaugural Session of the XIX Ibero American summit at the Belem Tower in Lisbon Sunday, Nov. 29, 2009. The annual summit brings together the leaders of 19 Latin-American countries plus Portugal, Spain and Andorra.