INTERNATIONAL OPERATIONS


Fiscal 2000 was a year of continued growth around the world for Hormel Foods International (HFI). Consolidated tonnage volume rose more than 27 percent from the previous year as HFI brands gained increased recognition and distribution in many markets around the globe. Sales volume of SPAM luncheon meat grew worldwide and benefited from the introduction in selected overseas markets of SPAM oven roasted turkey and SPAM hot & spicy flavored with Tabasco brand pepper sauce. Guam, which has the highest per capita consumption of SPAM luncheon meat in the world, received its own extra hot version of SPAM hot & spicy. Strong brand performances were recorded by Stagg chili, led by a 34 percent tonnage increase and a 51 percent category share in Canada, and Kid's Kitchen shelf-stable entrees which generated good sales volume growth in Australia.