In the spirit of the Christmas season, traditional enemies Popeye and Bluto bury the hatchet, don their swankiest attire, and escort Olive Oyl to the Happy Hour Club for a New Year's Celebration. Unwilling to leave Olive's frail, white-haired grandmother home alone, soft-hearted Popeye decides to take the old dear along to the festivities. During a jitterbug contest, Bluto and Olive cut quite a rug, but poor Grandma is left sitting on the sidelines until Popeye plies her with spinach--whereupon Granny kicks up her heels, joins the revellers and ends up as the life of the party. This delightful effort is highlighted by a vigorous rendition of "Christmas Comes But Once a Year", originally written for the 1936 Fleischer "Color Classic" of the same name.