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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 24, 2021
Jan. 26, 2020
Income Statement [Abstract]    
Net Sales $ 2,461,147 $ 2,384,434
Cost of Products Sold 2,010,977 1,916,014
Gross Profit 450,170 468,421
Selling, General and Administrative 196,380 195,521
Equity in Earnings of Affiliates 14,228 7,588
Operating Income 268,018 280,488
Other Income and Expense:    
Interest and Investment Income (Expense) 17,291 13,251
Interest Expense (8,227) (3,577)
Earnings Before Income Taxes 277,082 290,162
Provision for Income Taxes 54,687 47,209
Net Earnings 222,395 242,953
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest 112 81
Net Earnings Attributable to Hormel Foods Corporation $ 222,283 $ 242,872
Net Earnings Per Share    
Basic (in dollars per share) $ 0.41 $ 0.45
Diluted (in dollars per share) $ 0.41 $ 0.45
Weighted-average Shares Outstanding    
Basic (in shares) 539,913 535,075
Diluted (in shares) 547,444 544,815