The Question and Answer Board

[Ruellit]

Just for you Matt

Spam lovers rejoice! Hormel Foods Corp. (HRL:NYSE) reported
a 7 percent increase in earnings for its second fiscal
quarter. Net income was US$38.9 million, or 28 cents per
share, up from US$36.3 million (26 cents per share) a year
ago. The purchase of Turkey Store Co. gave Hormel an 18.5
percent stake in the U.S turkey market and helped offset
slowing in sales of grocery products, like mouth-watering
Spam and campfire must-have, Hormel chili.