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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Oct. 30, 2016
Quarterly Results of Operations (Unaudited)  
Quarterly Results of Operations (Unaudited)

Note Q

 

Quarterly Results of Operations (Unaudited)

 

The following tabulations reflect the unaudited quarterly results of operations for the years ended October 30, 2016, and October 25, 2015.

 

 

 

 

 

Net Earnings

 

 

 

 

 

 

Attributable to

Basic

Diluted

 

 

Gross

Net

Hormel Foods

Earnings

Earnings

(in thousands, except per share data)

Net Sales

Profit

Earnings

Corporation(1)

Per Share

Per Share

2016

 

 

 

 

 

 

First quarter
$
2,292,672
$
558,011
$
235,167
$
235,061
$
0.44
$
0.43

Second quarter
2,300,235
526,359
215,384
215,397
0.41
0.40

Third quarter
2,302,376
475,285
195,776
195,654
0.37
0.36

Fourth quarter
2,627,941
598,520
244,190
243,940
0.46
0.45

2015

 

 

 

 

 

 

First quarter
$
2,395,073
$
444,605
$
172,430
$
171,718
$
0.33
$
0.32

Second quarter
2,279,345
459,556
180,435
180,201
0.34
0.33

Third quarter
2,188,587
409,390
146,956
146,938
0.28
0.27

Fourth quarter
2,400,858
495,030
187,443
187,231
0.35
0.35

 

(1)  Excludes net earnings attributable to the Company’s noncontrolling interests.