v3.26.1
Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
May 02, 2026
May 03, 2025
May 02, 2026
May 03, 2025
Income Statement [Abstract]        
Net sales $ 12,410,560 $ 14,757,337 $ 22,913,406 $ 26,999,079
Cost of sales (8,780,363) (10,125,921) (16,086,103) (18,396,878)
Gross profit 3,630,197 4,631,416 6,827,303 8,602,201
Selling, general and administrative expenses (1,532,710) (1,889,197) (2,902,366) (3,565,847)
Operating income 2,097,487 2,742,219 3,924,937 5,036,354
Other income (expense):        
Interest income 217,606 298,318 473,455 583,596
Undistributed earnings in joint venture - Majestic 21 14,790 21,462 40,981 47,269
Proceeds received under escrow arrangement 36,868 42,066 58,314 80,218
Decrease in fair market value of equity investment (70,032) (96,104) (30,166) (99,020)
Gain on disposal of property, plant and equipment 0 1,000 1,000 1,000
Miscellaneous 60,025 16,965 69,355 25,722
Total other income 259,257 283,707 612,939 638,785
Income before provision for income taxes 2,356,744 3,025,926 4,537,876 5,675,139
Income tax expense (597,317) (733,606) (1,150,123) (1,402,397)
Net income $ 1,759,427 $ 2,292,320 $ 3,387,753 $ 4,272,742
Net income per share:        
Basic 3,153,665 3,268,991 3,202,017 3,268,910
Diluted 3,158,972 3,276,400 3,207,761 3,276,808
Basic $ 0.56 $ 0.7 $ 1.06 $ 1.31
Diluted $ 0.56 $ 0.7 $ 1.06 $ 1.3