secwatch.observer — SEC 8-K summary
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Issuer:     SEABOARD CORP /DE/ (SEB)
CIK:        0000088121
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0000088121-24-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seaboard Q4 net sales down 14% to $2.28B; operating income swings to $87M loss; EPS $64.67 vs $192.11
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- Net sales for Q4 2023 were $2,282M, down from $2,666M in Q4 2022; full year $9,562M versus $11,243M.
- Operating loss of $87M in Q4 2023 vs income of $164M in prior year; full year operating loss $87M.
- Net earnings attributable to Seaboard fell to $64M ($64.67/share) from $223M ($192.11/share) in Q4 2022.
- Full year 2023 net earnings $226M ($202.21/share) vs $580M ($499.66/share) in 2022.
- Quarterly dividend maintained at $2.25 per share, payable March 4, 2024 to holders of record Feb 23, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88121/000008812124000023/0000088121-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88121/000008812124000023/seb-20240213x8k.htm
  HTML page:      https://secwatch.observer/filing/0000088121-24-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer