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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Oct. 28, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of unaudited quarterly results of operations
The following tabulations reflect the unaudited quarterly results of operations for the years ended October 28, 2018, and October 29, 2017
(in thousands, except per share data)
 
Net Sales
 
Gross
Profit
 
Net
Earnings
 
Net Earnings
Attributable to
Hormel Foods
Corporation(1)
 
Basic
Earnings
Per Share
 
Diluted
Earnings
Per Share(2)
2018
 
 

 
 

 
 

 
 

 
 

 
 

First quarter
 
$
2,331,293

 
$
502,179

 
$
303,211

 
$
303,107

 
$
0.57

 
$
0.56

Second quarter
 
2,330,568

 
496,686

 
237,522

 
237,384

 
0.45

 
0.44

Third quarter
 
2,359,142

 
459,172

 
210,353

 
210,243

 
0.40

 
0.39

Fourth quarter
 
2,524,697

 
537,396

 
261,496

 
261,406

 
0.49

 
0.48

2017
 
 
 
 
 
 
 
 
 
 
 
 
First quarter
 
$
2,280,227

 
$
552,280

 
$
235,303

 
$
235,147

 
$
0.44

 
$
0.44

Second quarter
 
2,187,309

 
486,920

 
210,886

 
210,926

 
0.40

 
0.39

Third quarter
 
2,207,375

 
452,409

 
182,551

 
182,508

 
0.35

 
0.34

Fourth quarter
 
2,492,608

 
511,554

 
218,363

 
218,154

 
0.41

 
0.41

 
(1) Excludes net earnings attributable to the Company’s noncontrolling interests.
(2) Quarterly amounts are independently computed and may not add to the annual amounts.