Heinz posts 22 percent increase in second quarter

[Bravo Zulu]

The H.J. Heinz Co. said sales growth along with a strategic move to hedge against currency fluctuations helped drive the Pittsburgh food company to a 22 percent increase in second quarter profit.
http://www.post-gazette.com/pg/08326/929728-100.stm

[BlooInBloo]

1. Wow - I guess rumors of salsa's impending market stranglehold are exaggerated.

[shadowknows69]

9. Too much overhead in salsa, several different veggies.

People who bought Salsa futures 15 years ago are hurting. B-)

[DireStrike]

2. Reagonomics come full circle

Ketchup is now the staple vegetable of the people. Gag.

[Tripper11]

3. Kethcup helps to flavor the thinning food supplies

That people can't afford.
:-)

[Warpy]

10. College spaghetti!

Remember that? It's spaghetti flavored with packets of ketchup palmed at fast food joints.

It's vile but it stops your stomach growling and allows you to keep going one more day.

[tinrobot]

4. I wonder if the other food companies will ketchup?

Sorry, I just had to...

[arcadian]

5. Ketchup is a good side dish that goes well with Mac & cheese.

Get used to it.

[jakem]

6. Ketchup has natural mellowing agents I hear...

[JVS]

17. Yep. What better to calm economic woes.

[shadowknows69]

7. That's because some of us have had to resort to Ketchup as our vegetable intake

[zbdent]

8. would that happen to be because of the cheaper cuts of meat

people have to buy because they're unable to afford good meat?

[Donnachaidh]

11. In the Great Depression, ketchup was made into soup

I guess a lot of folks are bringing back that old recipe.

[boobooday]

12. A side dish for your Spam

In these days of wine and roses . . .

[Javaman]

13. actors soup is on the rise. nt

[OhioChick]

14. Ketchup sandwiches. n/t

[Cults4Bush]

15. Heinz is much MUCH more than Ketchup.. info :)

http://www.heinz.com/our-food/products/north-america.aspx#products

Just go to the frame near the bottom and you can side scroll through three different sections of food types.

[Profprileasn]

16. Inexpensive sandwich...

My father told me he ate ketchup sandwiches (as well as bean sandwiches) during the depression. Doesn't surprise me at all. I imagine stocks in booze will go up to. Need to drown in something. LOL

[Cults4Bush]

20. Ever seen "The Jerk" ?

Steve Martin comedy from a ways back. There's a scene where he is eating pizza in a cup. My personal pizza in a cup recipe is- cup o' ramen, ketchup, italian seasoning, garlic salt, parm cheese and red pepper. Used to be able to get the parm and red pepper for free from Pizza Hut. Its gross but if youre broke its a nice change of pace. I also would throw in some meat pieces of what ever I was lucky enough to have on hand.

Oh and welcome to DU ;) :9 :hi:

[Profprileasn]

21. Thanks

[riqster]

18. Our local food company had an uptick last quarter, too

JM Smucker, of Orrville OH, posted an increased profit. It's because people are staying home and cooking more (eating out less) due to the economy.

[noonwitch]

19. Well, ketchup is a vegetable, according to the Reagan administration

they allowed schools to count ketchup as a vegetable for the free school lunch program.

[SoCalDem]

22. beat me to it

:rofl: