CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data	3 Months Ended				6 Months Ended
	May 01, 2011		Apr. 25, 2010		May 01, 2011		Apr. 25, 2010
Net sales	$ 1,959,041		$ 1,699,782		$ 3,880,599		$ 3,427,229
Cost of products sold	1,632,814		1,419,315		3,180,367		2,828,375
GROSS PROFIT	326,227		280,467		700,232		598,854
Selling, general and administrative	160,136		146,782		305,297		292,314
Equity in earnings of affiliates	6,672		3,952		13,577		6,773
OPERATING INCOME	172,763		137,637		408,512		313,313
Other income and expense:
Interest and investment income	1,972		1,423		2,413		1,866
Interest expense	(7,187)		(6,574)		(13,766)		(13,135)
EARNINGS BEFORE INCOME TAXES	167,548		132,486		397,159		302,044
Provision for income taxes	56,846		53,951		136,422		111,240
NET EARNINGS	110,702		78,535		260,737		190,804
Less: Net earnings attributable to noncontrolling interest	1,123		673		2,332		1,735
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION	$ 109,579		$ 77,862		$ 258,405		$ 189,069
NET EARNINGS PER SHARE:
BASIC (in dollars per share)	$ 0.41	[1]	$ 0.29	[1]	$ 0.97	[1]	$ 0.71	[1]
DILUTED (in dollars per share)	$ 0.40	[1]	$ 0.29	[1]	$ 0.95	[1]	$ 0.70	[1]
WEIGHTED-AVERAGE SHARES OUTSTANDING:
BASIC (in shares)	267,207	[1]	267,187	[1]	266,868	[1]	267,182	[1]
DILUTED (in shares)	272,847	[1]	271,157	[1]	272,293	[1]	270,941	[1]
DIVIDENDS DECLARED PER SHARE: (in dollars per share)	$ 0.1275	[1]	$ 0.1050	[1]	$ 0.2550	[1],[2]	$ 0.2100	[1]

[1] Shares and per share figures have been restated to reflect the two-for-one stock split effected February 1, 2011.

[2] Per share figures have been restated to give effect to the two-for-one stock split effected February 1, 2011.