Brisk Spam Sales Help Boost Hormel's Profits

[the Other Beef] Brisk Spam Sales Help Boost Hormel's Profits

As rising oil prices and food prices eat into household budgets, people are shifting to more affordable edibles. Spam's maker, Hormel, has seen a 14 percent jump in profits for the recent quarter — in part because its famous canned meat product is selling so well, the company says. The average 12-ounce can costs $2.62.

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NPR Programs: Morning Edition 5/29/08 8:39 AM