NOTES RECEIVABLE |
9 Months Ended |
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Jul. 26, 2026 | |
| Receivables [Abstract] | |
| NOTES RECEIVABLES | NOTE F - NOTES RECEIVABLE In connection with the sale of the whole-bird turkey business on April 24, 2026, the Company received a $40.0 million secured promissory note that matures on December 31, 2030, and bears interest at a rate of 6% per annum. Principal and interest payments are to be made in equal annual installments beginning December 31, 2026. The Company determined the fair value of the note approximated face value at inception and no premium or discount was recognized. The note is accounted for at amortized cost and interest income is recognized using the effective interest method. The total carrying value of the note, including accrued interest, was $40.6 million as of July 26, 2026. The current and long-term portions of the note were reflected in Accounts and Other Receivables, Net and Other Assets, respectively. The Company evaluated the note for expected credit losses and concluded that the allowance was immaterial as of July 26, 2026.
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