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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jan. 27, 2013
Jan. 29, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS    
Net sales $ 2,116,241 $ 2,039,439
Cost of products sold 1,772,048 1,702,030
GROSS PROFIT 344,193 337,409
Selling, general and administrative 155,831 152,477
Equity in earnings of affiliates 9,843 11,001
OPERATING INCOME 198,205 195,933
Other income and expense:    
Interest and investment income 1,810 1,590
Interest expense (3,094) (3,214)
EARNINGS BEFORE INCOME TAXES 196,921 194,309
Provision for income taxes 65,876 64,976
NET EARNINGS 131,045 129,333
Less: Net earnings attributable to noncontrolling interest 1,329 938
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION $ 129,716 $ 128,395
NET EARNINGS PER SHARE:    
BASIC (in dollars per share) $ 0.49 $ 0.49
DILUTED (in dollars per share) $ 0.48 $ 0.48
WEIGHTED-AVERAGE SHARES OUTSTANDING:    
BASIC (in shares) 263,944 263,946
DILUTED (in shares) 269,140 269,608
DIVIDENDS DECLARED PER SHARE: $ 0.17 $ 0.15