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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jan. 26, 2014
Jan. 27, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS    
Net sales $ 2,242,672 $ 2,116,241
Cost of products sold 1,844,030 1,772,048
GROSS PROFIT 398,642 344,193
Selling, general and administrative 166,189 155,831
Equity in earnings of affiliates 4,739 9,843
OPERATING INCOME 237,192 198,205
Other income and expense:    
Interest and investment income 1,173 1,810
Interest expense (3,094) (3,094)
EARNINGS BEFORE INCOME TAXES 235,271 196,921
Provision for income taxes 80,813 65,876
NET EARNINGS 154,458 131,045
Less: Net earnings attributable to noncontrolling interest 1,110 1,329
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION $ 153,348 $ 129,716
NET EARNINGS PER SHARE:    
BASIC (in dollars per share) $ 0.58 $ 0.49
DILUTED (in dollars per share) $ 0.57 $ 0.48
WEIGHTED-AVERAGE SHARES OUTSTANDING:    
BASIC (in shares) 263,752 263,944
DILUTED (in shares) 270,224 269,140
DIVIDENDS DECLARED PER SHARE: (in dollars per share) $ 0.20 $ 0.17