SEGMENT REPORTING (Tables)

3 Months Ended

Jan. 26, 2014

SEGMENT REPORTING

Schedule of operating profit and other financial information

	Three Months Ended
(in thousands)	January 26, 2014		January 27, 2013
Sales to Unaffiliated Customers
Grocery Products	$	401,520	$	334,140
Refrigerated Foods	1,128,421		1,063,401
Jennie-O Turkey Store	399,400		390,334
Specialty Foods	195,979		233,845
International & Other	117,352		94,521
Total	$	2,242,672	$	2,116,241
Intersegment Sales
Grocery Products	$	-	$	-
Refrigerated Foods	5,746		2,443
Jennie-O Turkey Store	33,129		30,421
Specialty Foods	34		31
International & Other	-		-
Total	$	38,909	$	32,895
Intersegment elimination	(38,909)		(32,895)
Total	$	-	$	-
Net Sales
Grocery Products	$	401,520	$	334,140
Refrigerated Foods	1,134,167		1,065,844
Jennie-O Turkey Store	432,529		420,755
Specialty Foods	196,013		233,876
International & Other	117,352		94,521
Intersegment elimination	(38,909)		(32,895)
Total	$	2,242,672	$	2,116,241
Segment Operating Profit
Grocery Products	$	56,342	$	49,913
Refrigerated Foods	85,299		53,790
Jennie-O Turkey Store	59,545		58,945
Specialty Foods	21,255		23,761
International & Other	22,557		17,111
Total segment operating profit	$	244,998	$	203,520
Net interest and investment expense (income)	1,921		1,284
General corporate expense	8,916		6,644
Noncontrolling interest	1,110		1,329
Earnings before income taxes	$	235,271	$	196,921