CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jan. 25, 2026	Oct. 26, 2025
Assets
Cash and Cash Equivalents	$ 867,906	$ 670,679
Short-term Marketable Securities	33,302	32,909
Accounts Receivable (Net of Allowance of $3,778 and $3,743, respectively)	696,252	784,812
Inventories	1,647,271	1,747,279
Taxes Receivable	58,808	96,791
Prepaid Expenses and Other Current Assets	84,702	73,187
Total Current Assets	3,388,240	3,405,656
Goodwill	4,888,532	4,924,087
Intangible Assets	1,588,104	1,647,297
Pension Assets	209,262	211,826
Investments in Affiliates	577,058	533,984
Other Assets	423,755	431,500
Property, Plant, and Equipment
Property, Plant, and Equipment, Net	2,241,482	2,238,770
Total Assets	13,316,433	13,393,119
Liabilities and Shareholders’ Investment
Accounts Payable	670,938	731,578
Accrued Expenses	60,350	55,772
Accrued Marketing Expenses	129,824	113,947
Employee-related Expenses	224,470	273,402
Interest and Dividends Payable	175,868	180,700
Taxes Payable	4,983	18,752
Current Maturities of Long-term Debt	6,485	6,646
Total Current Liabilities	1,272,917	1,380,796
Long-term Debt Less Current Maturities	2,851,007	2,850,778
Pension and Postretirement Benefits	356,108	358,984
Deferred Income Taxes	663,854	661,349
Other Long-term Liabilities	219,340	225,397
Shareholders’ Investment
Preferred Stock	0	0
Additional Paid-in Capital	625,982	620,069
Accumulated Other Comprehensive Loss	(233,023)	(243,646)
Retained Earnings	7,537,481	7,516,690
Hormel Foods Corporation Shareholders’ Investment	7,938,500	7,901,171
Noncontrolling Interest	14,707	14,644
Total Shareholders’ Investment	7,953,207	7,915,815
Total Liabilities and Shareholders’ Investment	13,316,433	13,393,119
Common Stock, Nonvoting
Shareholders’ Investment
Common Stock	0	0
Common Stock
Shareholders’ Investment
Common Stock	$ 8,061	$ 8,059