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Quarterly Results of Operations (Unaudited) (Tables) | 12 Months Ended
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Oct. 28, 2018
Quarterly Financial Information Disclosure [Abstract] |
Schedule of unaudited quarterly results of operations | The following tabulations reflect the unaudited quarterly results of operations for the years ended October 28, 2018, and October 29, 2017.
(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)
2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
First quarter |  | $ | 2,331,293 |  |  | $ | 502,179 |  |  | $ | 303,211 |  |  | $ | 303,107 |  |  | $ | 0.57 |  |  | $ | 0.56 |
Second quarter |  | 2,330,568 |  |  | 496,686 |  |  | 237,522 |  |  | 237,384 |  |  | 0.45 |  |  | 0.44 |
Third quarter |  | 2,359,142 |  |  | 459,172 |  |  | 210,353 |  |  | 210,243 |  |  | 0.40 |  |  | 0.39 |
Fourth quarter |  | 2,524,697 |  |  | 537,396 |  |  | 261,496 |  |  | 261,406 |  |  | 0.49 |  |  | 0.48 |
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 |
(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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
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