SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

12 Months Ended

Oct. 26, 2014

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

HORMEL FOODS CORPORATION

(In Thousands)

		Additions/(Benefits)
	Balance at	Charged to	Charged to		Balance at
	Beginning	Costs and	Other Accounts-	Deductions-	End of
Classification	of Period	Expenses	Describe	Describe	Period
Valuation reserve deduction from assets account:
Fiscal year ended
October 26, 2014
Allowance for
doubtful accounts				$   4,152  (2)
receivable	$ 4,000	$  4,076	$     50  (1)	(76)  (3)	$ 4,050
Fiscal year ended
October 27, 2013
Allowance for
doubtful accounts				$   497  (2)
receivable	$ 4,000	$  476	$     0	(21)  (3)	$ 4,000
Fiscal year ended
October 28, 2012
Allowance for
doubtful accounts				$   169  (2)
receivable	$ 4,000	$  155	$     0	(14)  (3)	$ 4,000

Note (1) – Increase in the reserve due to the inclusion of CytoSport accounts receivable.

Note (2) – Uncollectible accounts written off.

Note (3) – Recoveries on accounts previously written off.