Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended			9 Months Ended
	Jul. 24, 2016	Jul. 26, 2015		Jul. 24, 2016	Jul. 26, 2015
Consolidated Statements of Operations
Net sales	$ 2,302,376	$ 2,188,587		$ 6,895,283	$ 6,863,005
Cost of products sold	1,827,091	1,779,197		5,335,628	5,549,454
GROSS PROFIT	475,285	409,390		1,559,655	1,313,551
Selling, general and administrative	206,876	184,627		627,968	554,659
Goodwill impairment charge				991
Equity in earnings of affiliates	6,381	6,396		27,449	15,930
OPERATING INCOME	274,790	231,159		958,145	774,822
Other income and expense:
Interest and investment income	2,474	189		3,920	2,455
Interest expense	(3,147)	(3,129)		(9,583)	(9,290)
EARNINGS BEFORE INCOME TAXES	274,117	228,219		952,482	767,987
Provision for income taxes	78,341	81,263		306,155	268,166
NET EARNINGS	195,776	146,956		646,327	499,821
Less: Net earnings attributable to noncontrolling interest	122	18		215	964
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION	$ 195,654	$ 146,938		$ 646,112	$ 498,857
NET EARNINGS PER SHARE:
BASIC (in dollars per share)	$ 0.37	$ 0.28	[1]	$ 1.22	$ 0.94	[1]
DILUTED (in dollars per share)	$ 0.36	$ 0.27	[1]	$ 1.19	$ 0.92	[1]
WEIGHTED-AVERAGE SHARES OUTSTANDING:
BASIC (in shares)	529,660	528,516	[1]	529,473	527,975	[1]
DILUTED (in shares)	542,163	541,204	[1]	542,890	540,738	[1]
DIVIDENDS DECLARED PER SHARE: (in dollars per share)	$ 0.145	$ 0.125	[1]	$ 0.435	$ 0.375	[1]

[1] Shares and per share figures have been restated to give effect to the two-for-one stock split distributed on February 9, 2016.