SEGMENT REPORTING (Tables)

3 Months Ended

Jan. 24, 2016

SEGMENT REPORTING

Schedule of operating profit and other financial information

	Three Months Ended
(in thousands)	January 24, 2016		January 25, 2015
Sales to Unaffiliated Customers
Grocery Products	$	392,218	$	409,751
Refrigerated Foods	1,162,121		1,144,215
Jennie-O Turkey Store	372,066		440,019
Specialty Foods	237,779		263,274
International & Other	128,488		137,814
Total	$	2,292,672	$	2,395,073
Intersegment Sales
Grocery Products	$	-	$	-
Refrigerated Foods	2,330		4,183
Jennie-O Turkey Store	30,403		35,384
Specialty Foods	-		21
International & Other	-		-
Total	$	32,733	$	39,588
Intersegment elimination	(32,733)		(39,588)
Total	$	-	$	-
Net Sales
Grocery Products	$	392,218	$	409,751
Refrigerated Foods	1,164,451		1,148,398
Jennie-O Turkey Store	402,469		475,403
Specialty Foods	237,779		263,295
International & Other	128,488		137,814
Intersegment elimination	(32,733)		(39,588)
Total	$	2,292,672	$	2,395,073
Segment Operating Profit
Grocery Products	$	65,273	$	41,375
Refrigerated Foods	166,908		101,152
Jennie-O Turkey Store	91,303		93,020
Specialty Foods	26,793		18,576
International & Other	24,287		14,384
Total segment operating profit	$	374,564	$	268,507
Net interest and investment expense (income)	5,370		1,929
General corporate expense	15,132		3,253
Noncontrolling interest	106		712
Earnings before income taxes	$	354,168	$	264,037