Seaboard Q2 operating loss $4M vs income $192M; EPS $44.80 down 52% YoY

SEABOARD CORP /DE/

2024-Q2 EPS reported $31.01 revenue$4,892,000,000

Q2 net sales $2,393M, down 19.5% YoY; operating loss $4M vs income $192M.
Q2 net earnings attributable $52M, down 52% from $108M; diluted EPS $44.80 vs $92.53.
Six-month net sales $4,892M; operating loss $67M; net earnings $36M vs $211M prior year.
Quarterly dividend $2.25 per share, payable Aug 21 to holders of record Aug 11, unchanged.
Subsidiary CEO Gonzalez's employment amended: term extended to Dec 2025, non-compete to 1 year.

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