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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2021
Oct. 25, 2020
Oct. 27, 2019
Income Statement [Abstract]      
Net Sales $ 11,386,189 $ 9,608,462 $ 9,497,317
Cost of Products Sold 9,458,283 7,782,498 7,612,669
Gross Profit 1,927,906 1,825,963 1,884,648
Selling, General, and Administrative 853,071 761,315 727,584
Equity in Earnings of Affiliates 47,763 35,572 39,201
Operating Income 1,122,599 1,100,220 1,196,265
Other Income and Expense:      
Interest and Investment Income 46,878 35,596 31,520
Interest Expense (43,307) (21,069) (18,070)
Earnings Before Income Taxes 1,126,170 1,114,747 1,209,715
Provision for Income Taxes 217,029 206,393 230,567
Net Earnings 909,140 908,354 979,148
Less: Net Earnings Attributable to Noncontrolling Interest 301 272 342
Net Earnings Attributable to Hormel Foods Corporation $ 908,839 $ 908,082 $ 978,806
Net Earnings Per Share:      
Basic (in dollars per share) $ 1.68 $ 1.69 $ 1.83
Diluted (in dollars per share) $ 1.66 $ 1.66 $ 1.80
Weighted-average Shares Outstanding:      
Basic (in shares) 541,114 538,007 534,578
Diluted (in shares) 547,580 546,592 545,232