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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 28, 2018
Jan. 29, 2017
Income Statement [Abstract]    
Net sales $ 2,331,293 $ 2,280,227
Cost of products sold 1,829,114 1,727,947
GROSS PROFIT 502,179 552,280
Selling, general and administrative 219,122 210,217
Equity in earnings of affiliates 23,531 13,299
OPERATING INCOME 306,588 355,362
Other income and expense:    
Interest and investment income 3,306 2,449
Interest expense (4,729) (3,026)
EARNINGS BEFORE INCOME TAXES 305,165 354,785
Provision for income taxes 1,954 119,482
NET EARNINGS 303,211 235,303
Less: Net earnings attributable to noncontrolling interest 104 156
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION $ 303,107 $ 235,147
NET EARNINGS PER SHARE:    
BASIC (in dollars per share) $ 0.57 $ 0.44
DILUTED (in dollars per share) $ 0.56 $ 0.44
WEIGHTED-AVERAGE SHARES OUTSTANDING:    
BASIC (in shares) 529,453 528,585
DILUTED (in shares) 543,482 540,064
DIVIDENDS DECLARED PER SHARE (in dollars per share): $ 0.1875 $ 0.17