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.
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| Three Months Ended
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| Six Months Ended
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| July 1,
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| July 2,
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| July 1,
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| July 2,
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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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| $
| 2,393
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| $
| 2,973
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| $
| 4,892
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| $
| 5,682
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Operating income (loss)
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| $
| (4)
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| $
| 192
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| $
| (67)
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| $
| 338
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Net earnings attributable to Seaboard
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| $
| 52
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| $
| 108
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| $
| 36
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| $
| 211
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Earnings per common share
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| $
| 44.80
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| $
| 92.53
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| $
| 31.01
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| $
| 181.81
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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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| $
| 2.25
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| $
| 2.25
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| $
| 4.50
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| $
| 4.50
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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 August 21, 2023 to stockholders of record at the close of business on August 11, 2023.
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SOURCE Seaboard Corporation