Off Track: Spam sales hit record high for seventh year in a row
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.
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