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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Oct. 26, 2025
Oct. 27, 2024
Assets    
Cash and Cash Equivalents $ 670,679 $ 741,881
Short-term Marketable Securities 32,909 24,742
Accounts Receivable (Net of Allowance of $3,743 and $3,712, respectively) 784,812 817,908
Inventories 1,747,279 1,576,300
Taxes Receivable 96,791 50,380
Prepaid Expenses and Other Current Assets 73,187 35,265
Total Current Assets 3,405,656 3,246,476
Goodwill 4,924,087 4,923,487
Intangible Assets 1,647,297 1,732,705
Pension Assets 211,826 205,964
Investments in Affiliates 533,984 719,481
Other Assets 431,500 411,889
Property, Plant, and Equipment, Net 2,238,770 2,194,728
Total Assets 13,393,119 13,434,729
Liabilities and Shareholders’ Investment    
Accounts Payable 731,578 735,604
Accrued Expenses 55,772 66,380
Accrued Marketing Expenses 113,947 108,156
Employee-related Expenses 273,402 283,490
Interest and Dividends Payable 180,700 175,941
Taxes Payable 18,752 21,916
Current Maturities of Long-term Debt 6,646 7,813
Total Current Liabilities 1,380,796 1,399,299
Long-term Debt Less Current Maturities 2,850,778 2,850,944
Pension and Postretirement Benefits 358,984 379,891
Deferred Income Taxes 661,349 589,366
Other Long-term Liabilities 225,397 211,219
Shareholders’ Investment    
Preferred Stock, Par Value $0.01 a Share — Authorized 160,000,000 Shares; Issued — None 0 0
Additional Paid-in Capital 620,069 571,178
Accumulated Other Comprehensive Loss (243,646) (263,331)
Retained Earnings 7,516,690 7,677,537
Hormel Foods Corporation Shareholders’ Investment 7,901,171 7,993,420
Noncontrolling Interest 14,644 10,590
Total Shareholders’ Investment 7,915,815 8,004,011
Total Liabilities and Shareholders’ Investment 13,393,119 13,434,729
Common Stock, Nonvoting    
Shareholders’ Investment    
Common Stock 0 0
Common Stock    
Shareholders’ Investment    
Common Stock $ 8,059 $ 8,037