Woody Woodpecker is sleeping. He awakens, under a blanket of snow, to find that both Winter and a hungry wolf are knocking at his door. The wolf has intentions of eating Woody...but Woody has the same thoughts regarding the wolf.

Out of work, Woody complains about his not having any living quarters. A slick talking con man convinces him to buy some "magic beans" promising they will guarantee him a home. Sure enough, Woody climbs the resulting beanstalk and finds a huge castle at the top. Unfortunately, the castle is already occupied by a sleeping giant who Woody eventually outwits, turning his castle into a series of apartments with the giant as a bellboy and Woody as his manager.

A newspaper announces that Ivan Awfulitch, the famous ambassador, is due to have a barbecue with local resident Wally Walrus. Unfortunately, while Wally is preparing the barbecue, the scent of the steaks he is cooking attracts an unwelcome guest in the form of Woody Woodpecker. He steals some of the food through a knothole in the fence then uses a bow and arrow to get the rest.

Planning a vacation, Woody reads in the newspaper about Swiss Chard Lodge which promises lots of good food (which, as Woody says, is his "favorite dish"). He heads over to said lodge but, upon arriving, is told by owner Wally Walrus that he must make reservations ahead of time... which he has not. Wally throws the pest out but Woody is able to re-enter the premises disguised as none other than Santa Claus. He robs Wally of his food but, once alone with his sack, discovers quite a surprise inside.

Boarding house proprietor Wally Walrus takes out an ad in the local paper looking for a sweetheart. Woody Woodpecker reads this and decides he might be able to trick Wally out of some cooking if he dresses up like a girl and answers the ad.

Woody is standing outside the Seville Barber Shop looking at the ads. Wanting a "victory haircut", he decides to enter the shop only to find the owner has stepped out for a physical. Woody decides to cut his own hair ("I cut my own teeth") but unfortunately is mistaken for the owner when two other customers enter, one an Indian who wants a quick shampoo and the other, a construction worker who wants "the whole works" and, unfortunately, gets it.