CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data	3 Months Ended			9 Months Ended
	Jul. 31, 2011	Jul. 25, 2010		Jul. 31, 2011	Jul. 25, 2010
Net sales	$ 1,910,592	$ 1,730,451		$ 5,791,191	$ 5,157,680
Cost of products sold	1,612,737	1,445,536		4,793,104	4,273,911
GROSS PROFIT	297,855	284,915		998,087	883,769
Selling, general and administrative	156,595	146,523		461,892	438,837
Equity in earnings of affiliates	5,562	2,222		19,139	8,995
OPERATING INCOME	146,822	140,614		555,334	453,927
Other income and expense:
Interest and investment income	139	310		2,552	2,176
Interest expense	(5,623)	(6,493)		(19,389)	(19,628)
EARNINGS BEFORE INCOME TAXES	141,338	134,431		538,497	436,475
Provision for income taxes	41,374	48,067		177,796	159,307
NET EARNINGS	99,964	86,364		360,701	277,168
Less: Net earnings attributable to noncontrolling interest	1,483	994		3,815	2,729
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION	$ 98,481	$ 85,370		$ 356,886	$ 274,439
NET EARNINGS PER SHARE:
BASIC (in dollars per share)	$ 0.37	$ 0.32	[1]	$ 1.34	$ 1.03	[1]
DILUTED (in dollars per share)	$ 0.36	$ 0.32	[1]	$ 1.31	$ 1.01	[1]
WEIGHTED-AVERAGE SHARES OUTSTANDING:
BASIC (in shares)	266,925	266,401	[1]	266,887	266,922	[1]
DILUTED (in shares)	272,759	270,326	[1]	272,449	270,736	[1]
DIVIDENDS DECLARED PER SHARE: (in dollars per share)	$ 0.1275	$ 0.105	[1]	$ 0.3825	$ 0.315	[1]

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