Seaboard Q4 net earnings down 53% YoY to $121M; full-year net earnings double to $570M

SEABOARD CORP /DE/

Q4 net sales $2,464M (+23.8% YoY), but operating income fell to $89M from $134M.
Q4 diluted EPS $103.27 vs $222.52 a year ago; net earnings attributable to Seaboard $121M.
Full-year 2021 net sales $9,229M (+29.5%), operating income $458M (+86.9%).
Full-year diluted EPS $490.36 vs $244.21; net earnings $570M vs $283M.
Quarterly dividend maintained at $2.25 per share, payable Mar 7, 2022 to holders of record Feb 25.

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