MERRIAM, Kan., Oct. 30, 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 nine-months ended September 30, 2023 and October 1, 2022, in millions of dollars except share and per share amounts.
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Three Months Ended
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Nine Months Ended
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September 30,
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October 1,
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September 30,
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October 1,
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2023
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2022
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2023
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2022
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Net sales
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$
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2,388
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$
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2,895
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$
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7,280
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$
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8,577
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Operating income (loss)
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$
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67
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$
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155
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$
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—
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$
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493
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Net earnings attributable to Seaboard
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$
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126
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$
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146
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$
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162
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$
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357
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Earnings per common share
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$
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108.55
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$
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125.78
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$
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139.56
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$
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307.55
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Average number of shares outstanding
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1,160,779
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1,160,779
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1,160,779
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1,160,779
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Dividends declared per common share
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$
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2.25
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$
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2.25
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$
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6.75
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$
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6.75
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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 November 20, 2023 to stockholders of record at the close of business on November 9, 2023.
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SOURCE Seaboard Corporation