SEGMENT REPORTING (Tables)

3 Months Ended

Jan. 30, 2022

Segment Reporting [Abstract]

Schedule of sales and operating profits for each of the reportable segments and reconciliation to earnings before income taxes

Sales and segment profit for each of the Company’s reportable segments and reconciliation to Earnings Before Income Taxes are set forth below. The Company is an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations, and sharing of assets. Therefore, the Company does not represent that these segments, if operated independently, would report the profit and other financial information shown below.

	Quarter Ended
in thousands	January 30, 2022		January 24, 2021
Sales to Unaffiliated Customers
Grocery Products	$	855,591	$	577,599
Refrigerated Foods	1,627,528		1,367,077
Jennie-O Turkey Store	384,471		333,321
International & Other	176,768		183,150
Total	$	3,044,358	$	2,461,147
Intersegment Sales
Grocery Products	$	—	$	—
Refrigerated Foods	7,689		5,957
Jennie-O Turkey Store	47,954		26,692
International & Other	—		—
Total	55,642		32,650
Intersegment Elimination	(55,642)		(32,650)
Total	$	—	$	—
Net Sales
Grocery Products	$	855,591	$	577,599
Refrigerated Foods	1,635,217		1,373,034
Jennie-O Turkey Store	432,425		360,013
International & Other	176,768		183,150
Intersegment Elimination	(55,642)		(32,650)
Total	$	3,044,358	$	2,461,147
Segment Profit
Grocery Products	$	99,486	$	92,202
Refrigerated Foods	162,391		141,171
Jennie-O Turkey Store	43,737		26,940
International & Other	26,084		32,204
Total Segment Profit	331,699		292,517
Net Unallocated Expense	22,933		15,547
Noncontrolling Interest	139		112
Earnings Before Income Taxes	$	308,904	$	277,082

Schedule of total revenues contributed by sales channel

Total revenue contributed by sales channel are:

	Quarter Ended
in thousands	January 30, 2022		January 24, 2021
U.S. Retail	$	1,958,747	$	1,669,887
U.S. Foodservice	886,065		586,336
International	199,545		204,924
Total	$	3,044,358	$	2,461,147

Total revenue contributed by classes of similar products are: 

	Quarter Ended
in thousands	January 30, 2022		January 24, 2021
Perishable	$	1,773,203	$	1,376,821
Shelf-stable	635,236		523,936
Poultry	536,604		474,651
Miscellaneous	99,315		85,739
Total	$	3,044,358	$	2,461,147