Attached files
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| 8-K - SEABOARD CORPORATION 8-K DATED NOVEMBER 2, 2016 - SEABOARD CORP /DE/ | seb-20161102x8k.htm |
Exhibit 99.1
PRESS RELEASE
REPORT OF EARNINGS
November 2, 2016
Merriam, Kansas
The following is a report of earnings for Seaboard Corporation (NYSE MKT symbol: SEB) with offices at 9000 West 67th Street, Merriam, Kansas (the “Company”), for the three and nine months ended October 1, 2016 and October 3, 2015, 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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October 1, |
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October 3, |
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October 1, |
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October 3, |
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2016 |
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2015 |
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2016 |
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2015 |
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Net sales |
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$ |
1,330 |
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$ |
1,411 |
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$ |
4,006 |
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$ |
4,291 |
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Net earnings attributable to Seaboard |
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$ |
75 |
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$ |
3 |
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$ |
209 |
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$ |
68 |
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Net earnings per common share |
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$ |
64.42 |
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$ |
2.59 |
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$ |
178.67 |
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$ |
57.73 |
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Average number of shares outstanding |
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1,170,550 |
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1,170,550 |
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1,170,550 |
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1,170,550 |
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Notes to Report of Earnings:
Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.