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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Income Statement [Abstract]    
Net Sales $ 2,970,992 $ 3,044,358
Cost of Products Sold 2,475,043 2,505,610
Gross Profit 495,949 538,749
Selling, General, and Administrative 222,056 225,972
Equity in Earnings of Affiliates 15,559 6,898
Operating Income 289,452 319,675
Interest and Investment Income 10,096 3,869
Interest Expense 18,347 14,640
Earnings Before Income Taxes 281,201 308,904
Provision for Income Taxes 63,551 69,194
Net Earnings 217,651 239,710
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest (69) 139
Net Earnings Attributable to Hormel Foods Corporation $ 217,719 $ 239,571
Net Earnings Per Share    
Basic (in dollars per share) $ 0.40 $ 0.44
Diluted (in dollars per share) $ 0.40 $ 0.44
Weighted-average Shares Outstanding    
Basic (in shares) 546,384 542,680
Diluted (in shares) 550,031 547,928