A row of Hormel Chili is shown on a supermarket shelf 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 row of Hormel Chili is shown on a supermarket shelf 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. Panamanian-born Mexican author Carlos Fuentes autographs his new book "Adan en Eden" for a fan at the International Book Fair in Guadalajara, Mexico, Saturday, Nov. 28, 2009.
  2. Dallas Mavericks Dirk Nowitzki (C) drives to the lane past the defense of Cleveland Cavaliers Mo Williams (L) and Delonte West (R) during the second quarter of their NBA basketball game in Cleveland November 28, 2009.
  3. Calgary Flames' Fredrik Sjostrom (11) fights for the puck with Columbus Blue Jackets' Derek MacKenzie (24) during the second period of their NHL hockey game in Columbus, Ohio, November 28, 2009.
  4. Panama's author Carlos Fuentes stands below his portrait during the presentation of his new book "Adan en Eden" at the International Book Fair in Guadalajara, Mexico, Saturday, Nov. 28, 2009.
  5. ATLANTA - NOVEMBER 28: Bryan Evans #3 of the Georgia Bulldogs tackles Jonathan Dwyer #21 of the Georgia Tech Yellow Jackets at Bobby Dodd Stadium on November 28, 2009 in Atlanta, Georgia.
  6. Calgary Flames' Curtis McElhinney (1) stops a shot against the Columbus Blue Jackets during the third period of their NHL hockey game in Columbus, Ohio, November 28, 2009.
  7. Calgary Flames' Curtis McElhinney (1) stops a shot by Columbus Blue Jackets' Anton Stralman (6) during a shootout in their NHL hockey game in Columbus, Ohio, November 28, 2009.
  8. ATLANTA - NOVEMBER 28: Caleb King #4 of the Georgia Bulldogs rushes away from Sedric Griffin #54 of the Georgia Tech Yellow Jackets at Bobby Dodd Stadium on November 28, 2009 in Atlanta, Georgia.
  9. PALO ALTO, CA - NOVEMBER 28: Robert Hughes #33 of the Notre Dame Fighting Irish runs with the ball during their game against the Stanford Cardinal at Stanford Stadium on November 28, 2009 in Palo Alto, California.
  10. ATLANTA - NOVEMBER 28: Reshad Jones #9 of the Georgia Bulldogs reacts after pulling down an interception against the Georgia Tech Yellow Jackets at Bobby Dodd Stadium on November 28, 2009 in Atlanta, Georgia.
  11. PALO ALTO, CA - NOVEMBER 28: Golden Tate #23 of the Notre Dame Fighting Irish gets past Johnson Bademosi #27 of the Stanford Cardinal to score a touchdown at Stanford Stadium on November 28, 2009 in Palo Alto, California.
  12. BUFFALO, NY - NOVEMBER 28: Ryan Miller #30 of the Buffalo Sabres makes a glove save on a shot by Sergei Samsonov #14 of the Carolina Hurricanes at HSBC Arena on November 28, 2009 in Buffalo, New York. Buffalo won 5-1.
  13. Argentina's Juan Martin Del Potro reacts as he plays Sweden's Robin Soderling during their ATP World Tour Finals semifinal tennis match at the O2 Arena in London, Saturday Nov. 28, 2009.
  14. Argentina's Juan Martin Del Potro reacts as he plays Sweden's Robin Soderling during their ATP World Tour Finals semifinal tennis match at the O2 Arena in London, Saturday Nov. 28, 2009.
  15. Argentina's Juan Martin Del Potro reacts as he plays Sweden's Robin Soderling during their ATP World Tour Finals semifinal tennis match at the O2 Arena in London, Saturday Nov. 28, 2009.
  16. LaSalle's Aaric Murray,top, and Villanova's Antonio Pena chase a loose ball in the first half of an NCAA college basketball game Saturday, Nov. 28, 2009, in Villanova, Pa.