---
schema_version: "secwatch.filing_event.v1"
accession: "0000088121-23-000086"
form_type: "8-K"
ticker: "SEB"
cik: "0000088121"
company_name: "SEABOARD CORP /DE/"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:27:43.395831+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Seaboard Q3 net sales $2.39B, down 17.5%; EPS $108.55 vs $125.78 YoY

## Summary
- Q3 net sales $2,388M vs $2,895M YoY; operating income $67M vs $155M.
- Q3 net earnings $126M ($108.55 EPS) vs $146M ($125.78 EPS) YoY.
- Nine-month net earnings $162M ($139.56 EPS) vs $357M ($307.55 EPS), operating income $0.
- Board declared $2.25/share quarterly dividend, payable Nov 20 to holders of record Nov 9.

## SEC filing metadata
- accession: 0000088121-23-000086
- form_type: 8-K
- ticker: SEB
- cik: 0000088121
- company_name: SEABOARD CORP /DE/
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88121/000008812123000086/0000088121-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88121/000008812123000086/seb-20231030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088121-23-000086
- JSON: https://secwatch.observer/filing/0000088121-23-000086.json
- Plain text: https://secwatch.observer/filing/0000088121-23-000086.txt

## Key facts
- Earnings Releases
  SEABOARD CORP /DE/ reported nine months ended September 30, 2023 results: revenue $ 7,280, net income $ 162, EPS $ 139.56.
  - Period: nine months ended September 30, 2023
  - Revenue: $ 7,280
  - Net income: $ 162
  - EPS: $ 139.56
  - Result: reported results
  source text: Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ October 1, ​ September 30, ​ October 1, ​ ​ 2023 2022 2023 2022 Net sales ​ $ 2,388 ​ $ 2,895 ​ $ 7,280 ​ $ 8,577 ​ Operating income (loss) ​ $ 67 ​ $ 155 ​ $ — ​ $ 493 ​ Net earnings attributable to Seaboard ​ $ 126 ​ $ 146 ​ $ 162 ​ $ 357 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per common share ​ $ 108.55 ​ $ 125.78 ​ $ 139.56 ​ $ 307.55
  evidence_url: https://www.sec.gov/Archives/edgar/data/88121/000008812123000086/0000088121-23-000086-index.htm
- Earnings Releases
  SEABOARD CORP /DE/ reported three months ended September 30, 2023 results: revenue $ 2,388, net income $ 126, EPS $ 108.55.
  - Period: three months ended September 30, 2023
  - Revenue: $ 2,388
  - Net income: $ 126
  - EPS: $ 108.55
  - Result: reported results
  source text: Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ October 1, ​ September 30, ​ October 1, ​ ​ 2023 2022 2023 2022 Net sales ​ $ 2,388 ​ $ 2,895 ​ $ 7,280 ​ $ 8,577 ​ Operating income (loss) ​ $ 67 ​ $ 155 ​ $ — ​ $ 493 ​ Net earnings attributable to Seaboard ​ $ 126 ​ $ 146 ​ $ 162 ​ $ 357 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per common share ​ $ 108.55 ​ $ 125.78 ​ $ 139.56 ​ $ 307.55
  evidence_url: https://www.sec.gov/Archives/edgar/data/88121/000008812123000086/0000088121-23-000086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.