| Income Statement | 2025-10-26 | 2024-10-27 | 2023-10-29 | 2022-10-30 |
|---|---|---|---|---|
| Net sales | 12,106,160 | 11,920,797 | 12,110,010 | 12,458,806 |
| Cost of products sold | 10,214,344 | 9,898,659 | 10,110,169 | 10,294,120 |
| Gross profit | 1,891,816 | 2,022,138 | 1,999,841 | 2,164,686 |
| Selling, general, and administrative | 996,624 | 1,005,294 | 942,167 | 879,265 |
| Equity in earnings of affiliates | -105,839 | 51,088 | 42,754 | 27,185 |
| Goodwill and intangible impairment | 70,751 | 0 | 28,383 | - |
| Operating income | 718,603 | 1,067,932 | 1,072,046 | 1,312,607 |
| Interest and investment income | - | 48,396 | 14,828 | 28,012 |
| Interest income | 24,227 | - | - | - |
| Interest expense | 78,038 | 80,894 | 73,402 | 62,515 |
| Other income (expense), net | -1,344 | - | - | - |
| Earnings before income taxes | 663,449 | 1,035,434 | 1,013,472 | 1,278,103 |
| Provision for income taxes | 185,684 | 230,803 | 220,552 | 277,877 |
| Net earnings | 477,764 | 804,631 | 792,920 | 1,000,226 |
| Less net earnings (loss) attributable to noncontrolling interest | -433 | -407 | -653 | 239 |
| Net earnings attributable to hormel foods corporation | 478,197 | 805,038 | 793,572 | 999,987 |
| Basic (in dollars per share) | 0.87 | 1.47 | 1.45 | 1.84 |
| Basic (in shares) | 550,164,000 | 548,129,000 | 546,421,000 | 544,918,000 |
| Diluted (in dollars per share) | 0.87 | 1.47 | 1.45 | 1.82 |
| Diluted (in shares) | 550,496,000 | 548,832,000 | 548,982,000 | 549,566,000 |
HORMEL FOODS CORP DE (HRL)
HORMEL FOODS CORP DE (HRL)