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Quarterly Results of Operations (Unaudited) (Tables) | 12 Months Ended
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Oct. 29, 2017
Quarterly Results of Operations (Unaudited) |
Schedule of unaudited quarterly results of operations |
(in thousands, except per share data) | Net Sales | Gross Profit | Net Earnings | Net Earnings Attributable to Hormel Foods Corporation(1) | Basic Earnings Per Share | Diluted Earnings Per Share(2)
2017 |  |  |  |  |  |
First quarter | $ 2,280,227 | $ 552,280 | $ 235,303 | $ 235,147 | $ 0.44 | $ 0.44
Second quarter | 2,187,309 | 486,920 | 210,886 | 210,926 | 0.40 | 0.39
Third quarter | 2,207,375 | 452,409 | 182,551 | 182,508 | 0.35 | 0.34
Fourth quarter | 2,492,608 | 511,554 | 218,363 | 218,154 | 0.41 | 0.41
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
| (1) |  | Excludes net earnings attributable to the Company’s noncontrolling interests.
| (2) |  | Quarterly amounts are independently computed and may not add to the annual amounts.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
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