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SEGMENT REPORTING
 9 Months Ended
Jul. 27, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING
NOTE N - SEGMENT REPORTING

The Company develops, processes, and distributes a wide array of food products in a variety of markets. The Company reports its results in the following three segments: Retail, Foodservice, and International, which are consistent with how the Company’s chief operating decision maker (CODM) assesses performance and allocates resources.

The Retail segment consists primarily of the processing, marketing, and sale of food products sold predominantly in the retail market in the United States. This segment also includes the results from the Company’s MegaMex Foods, LLC joint venture.

The Foodservice segment consists primarily of the processing, marketing, and sale of food products for foodservice, convenience store, and commercial customers located in the United States.

The International segment processes, markets, and sells Company products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements.

Financial measures for each of the Company’s reportable segments are set forth below. Intersegment sales are eliminated in consolidation and are not reviewed when evaluating segment performance. The Company does not allocate deferred compensation, non-recurring expenses associated with the Transform and Modernize initiative, gains or losses on the sale of businesses, investment income, interest expense, or interest income to its segments when measuring performance. The Company also retains various other income and expense items at the corporate level. Equity in Earnings of Affiliates is included in segment profit; however, earnings attributable to the Company’s corporate venturing investments and noncontrolling interests are excluded. These items are included below as Net Unallocated Expense and Noncontrolling Interest when reconciling to Earnings Before Income Taxes.

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 results shown below.
 Quarter EndedNine Months Ended
In thousands
July 27, 2025July 28, 2024July 27, 2025July 28, 2024
Net Sales  
Retail$1,858,434 $1,767,251 $5,532,401 $5,467,078 
Foodservice986,976 954,021 2,853,603 2,799,110 
International187,466 177,171 534,495 516,517 
Total Net Sales$3,032,876 $2,898,443 $8,920,499 $8,782,706 
Segment Profit
Retail$122,566 $127,932 $378,847 $409,836 
Foodservice140,711 142,487 420,170 441,952 
International18,941 21,792 58,193 65,026 
Total Segment Profit282,218 292,211 857,210 916,814 
Net Unallocated Expense45,658 66,526 171,769 161,239 
Noncontrolling Interest(46)34 (366)(170)
Earnings Before Income Taxes$236,514 $225,719 $685,076 $755,404 

The Company’s products primarily consist of meat and other food products. Total revenue contributed by classes of similar products are: 
Quarter EndedNine Months Ended
In thousands
July 27, 2025July 28, 2024July 27, 2025July 28, 2024
Perishable$2,222,646 $2,115,087 $6,450,709 $6,251,076 
Shelf-stable810,230 783,356 2,469,790 2,531,630 
Total Net Sales$3,032,876 $2,898,443 $8,920,499 $8,782,706 

Perishable includes fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration. Shelf-stable includes canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration.