MERRIAM, Kan., Aug. 1, 2023 /PRNewswire/ — The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three- and six-months ended July 1, 2023 and July 2, 2022, in millions of dollars except share and per share amounts.
|
Three Months Ended |
Six Months Ended |
||||||||||||
|
July 1, |
July 2, |
July 1, |
July 2, |
||||||||||
|
2023 |
2022 |
2023 |
2022 |
||||||||||
|
Net sales |
$ |
2,393 |
$ |
2,973 |
$ |
4,892 |
$ |
5,682 |
|||||
|
Operating income (loss) |
$ |
(4) |
$ |
192 |
$ |
(67) |
$ |
338 |
|||||
|
Net earnings attributable to Seaboard |
$ |
52 |
$ |
108 |
$ |
36 |
$ |
211 |
|||||
|
Earnings per common share |
$ |
44.80 |
$ |
92.53 |
$ |
31.01 |
$ |
181.81 |
|||||
|
Average number of shares outstanding |
1,160,779 |
1,160,779 |
1,160,779 |
1,160,779 |
|||||||||
|
Dividends declared per common share |
$ |
2.25 |
$ |
2.25 |
$ |
4.50 |
$ |
4.50 |
|||||
Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.
Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on August 21, 2023 to stockholders of record at the close of business on August 11, 2023.
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SOURCE Seaboard Corporation
