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INVESTMENTS IN AFFILIATES (Tables)
3 Months Ended
Jan. 25, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of ownership percentage and basis difference in equity method investments As of January 25, 2026, the Company's equity method investments include:
SegmentOwnership Percentage
MegaMex Foods, LLCRetail50%
Joy Topco LP(1)
Retail49%
The Purefoods - Hormel Company, Inc.International40%
PT Garudafood Putra Putri Jaya Tbk. (Garudafood)
International30%
Okinawa Hormel Ltd.International26%
Corporate Venturing Investmentsn/a
26% - 43%
The initial and unamortized basis differences as of January 25, 2026, are:
In thousands
Initial Basis DifferenceUnamortized Basis Difference
Garudafood(1)
$324,828 $135,545 
MegaMex Foods, LLC21,273 7,397 
(1)    The Garudafood remaining unamortized basis difference includes the impact of foreign currency translation and impairment.
Schedule of distributions received from equity method investees Distributions received from equity method investees consists of:
In thousandsQuarter Ended
January 25, 2026January 26, 2025
Distributions$13,051 $19,894