v3.26.3
Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Aug. 01, 2026
Aug. 02, 2025
Aug. 01, 2026
Aug. 02, 2025
Income Statement [Abstract]        
Net sales $ 12,138,230 $ 12,021,194 $ 35,051,636 $ 39,020,273
Cost of sales (8,646,241) (8,173,008) (24,732,344) (26,569,886)
Gross profit 3,491,989 3,848,186 10,319,292 12,450,387
Selling, general and administrative expenses (1,384,120) (1,670,585) (4,286,486) (5,236,432)
Operating income 2,107,869 2,177,601 6,032,806 7,213,955
Other income (expense):        
Interest income 213,928 270,139 687,383 853,735
Undistributed earnings in joint venture - Majestic 21 16,684 25,624 57,665 72,893
Proceeds received under escrow arrangement 13,565 36,094 71,879 116,312
Increase (decrease) in fair market value of equity investment 131,541 (16,316) 101,375 (115,336)
Gain on disposal of property, plant and equipment 0 0 1,000 1,000
Miscellaneous 10,869 (25) 80,224 25,697
Total other income 386,587 315,516 999,526 954,301
Income before provision for income taxes 2,494,456 2,493,117 7,032,332 8,168,256
Income tax expense (598,114) (667,846) (1,748,237) (2,070,243)
Net income $ 1,896,342 $ 1,825,271 $ 5,284,095 $ 6,098,013
Net income per share:        
Basic 3,153,665 3,268,998 3,185,899 3,268,939
Diluted 3,159,240 3,274,456 3,191,587 3,276,061
Basic $ 0.6 $ 0.56 $ 1.66 $ 1.87
Diluted $ 0.6 $ 0.56 $ 1.66 $ 1.86