HRL — Hormel Foods Income Statement

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Annual income statement for Hormel Foods, fiscal year end - October 29th, USD millions except per share, conversion factor applied.

	2019 October 27th	2020 October 25th	2021 October 31st	2022 October 30th	2023 October 29th
Period Length:	52 W	52 W	53 W	52 W	52 W
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	9,497	9,608	11,386	12,459	12,110
Cost of Revenue
Gross Profit	1,885	1,826	1,928	2,165	2,000
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	8,301	8,508	10,264	11,146	11,038
Operating Profit	1,196	1,100	1,123	1,313	1,072
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,210	1,115	1,126	1,278	1,013
Provision for Income Taxes
Net Income After Taxes	979	908	909	1,000	793
Minority Interest
Net Income Before Extraordinary Items
Net Income	979	908	909	1,000	794
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	979	908	909	1,000	794
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.8	1.66	1.69	1.82	1.49
Dividends per Share