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 |
| Six Months Ended |
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| July 1, |
| July 2, |
| July 1, |
| July 2, |
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| 2023 |
| 2022 |
| 2023 |
| 2022 |
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Net sales |
| $ | 2,393 |
| $ | 2,973 |
| $ | 4,892 |
| $ | 5,682 |
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Operating income (loss) |
| $ | (4) |
| $ | 192 |
| $ | (67) |
| $ | 338 |
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Net earnings attributable to Seaboard |
| $ | 52 |
| $ | 108 |
| $ | 36 |
| $ | 211 |
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Earnings per common share |
| $ | 44.80 |
| $ | 92.53 |
| $ | 31.01 |
| $ | 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 |
| $ | 2.25 |
| $ | 2.25 |
| $ | 4.50 |
| $ | 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