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Quarterly Results of Operations (Unaudited) (Tables) | 12 Months Ended
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Oct. 25, 2020
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 25, 2020, and October 27, 2019.
(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)
2020 |  |  |  |  |  |  |  |  |  |  |  |
First Quarter |  | $ | 2,384,434 |  |  | $ | 468,421 |  |  | $ | 242,953 |  |  | $ | 242,872 |  |  | $ | 0.45 |  |  | $ | 0.45 |
Second Quarter |  | 2,422,465 |  |  | 477,352 |  |  | 227,615 |  |  | 227,734 |  |  | 0.42 |  |  | 0.42 |
Third Quarter |  | 2,381,457 |  |  | 422,426 |  |  | 203,260 |  |  | 203,119 |  |  | 0.38 |  |  | 0.37 |
Fourth Quarter |  | 2,420,105 |  |  | 457,765 |  |  | 234,526 |  |  | 234,356 |  |  | 0.43 |  |  | 0.43 |
2019 |  |  |  |  |  |  |  |  |  |  |  |
First Quarter |  | $ | 2,360,355 |  |  | $ | 488,334 |  |  | $ | 241,519 |  |  | $ | 241,425 |  |  | $ | 0.45 |  |  | $ | 0.44 |
Second Quarter |  | 2,344,744 |  |  | 469,149 |  |  | 282,636 |  |  | 282,429 |  |  | 0.53 |  |  | 0.52 |
Third Quarter |  | 2,290,705 |  |  | 433,442 |  |  | 199,427 |  |  | 199,449 |  |  | 0.37 |  |  | 0.37 |
Fourth Quarter |  | 2,501,513 |  |  | 493,723 |  |  | 255,566 |  |  | 255,503 |  |  | 0.48 |  |  | 0.47 |
(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=121640914&loc=d3e1280-108306 + Details
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