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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 28, 2013
Apr. 29, 2012
Apr. 28, 2013
Apr. 29, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 2,152,686 $ 2,012,859 $ 4,268,927 $ 4,052,298
Cost of products sold 1,799,885 1,677,252 3,571,933 3,379,282
GROSS PROFIT 352,801 335,607 696,994 673,016
Selling, general and administrative 173,066 148,684 328,897 301,161
Equity in earnings of affiliates 7,194 7,816 17,037 18,817
OPERATING INCOME 186,929 194,739 385,134 390,672
Other income and expense:        
Interest and investment income 1,116 2,338 2,926 3,928
Interest expense (3,142) (3,283) (6,236) (6,497)
EARNINGS BEFORE INCOME TAXES 184,903 193,794 381,824 388,103
Provision for income taxes 58,262 64,859 124,138 129,835
NET EARNINGS 126,641 128,935 257,686 258,268
Less: Net earnings attributable to noncontrolling interest 1,121 1,048 2,450 1,986
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION $ 125,520 $ 127,887 $ 255,236 $ 256,282
NET EARNINGS PER SHARE:        
BASIC (in dollars per share) $ 0.47 $ 0.49 $ 0.97 $ 0.97
DILUTED (in dollars per share) $ 0.46 $ 0.48 $ 0.95 $ 0.95
WEIGHTED-AVERAGE SHARES OUTSTANDING:        
BASIC (in shares) 264,868 263,610 264,406 263,778
DILUTED (in shares) 270,780 269,061 269,960 269,334
DIVIDENDS DECLARED PER SHARE: (in dollars per share) $ 0.17 $ 0.15 $ 0.34 $ 0.30