text: **LIST OF FINANCIAL STATEMENTS AND FINANCIAL STATEMENT SCHEDULES**
  
  **HORMEL FOODS CORPORATION**
  
  **FINANCIAL STATEMENTS**
  
  The following consolidated financial statements of Hormel Foods Corporation included in the Annual Stockholders' Report for the Registrant to its 
  stockholders for the year ended October 25, 2003, are incorporated herein by reference in Item 8 of Part II of this report: 
  
  **Consolidated Statements of Financial Position**—October 25, 2003, and October 26, 2002. 
  
  **Consolidated Statements of Operations**—Years Ended October 25, 2003, October 26, 2002 and October 27, 2001. 
  
  **Consolidated Statements of Changes in Shareholders' Investment**—Years Ended October 25, 2003, October 26, 2002, and October 27, 2001. 
  
  **Consolidated Statements of Cash Flows**—Years Ended October 25, 2003, October 26, 2002, and October 27, 2001. 
  
  **Notes to Financial Statements**—October 25, 2003. 
  
  **Report of Independent Auditors**