Highest-materiality recent filing
Seaboard Q2 net sales up 18% to $2.92B; EPS $159.74 vs $105.22 YoY
Q2 net sales $2,922M (+18% YoY); operating income $100M (up from $52M).
Seaboard Q1 EPS $124.24 vs $32.95 YoY; net sales $2.4B up 3.6%
Net earnings attributable to Seaboard $119M vs $32M in Q1 2025; operating income $96M vs $38M.
Seaboard reports annual meeting voting results; all director nominees elected
All five director nominees elected: Bresky (811,128 for; 89,934 withheld), Adamsen (868,325; 32,737), Baena (887,150; 13,912), Squires (817,580; 83,482), Shifman (893,965; 7,097).
Seaboard Q4 net earnings $253M on $2.41B sales; $170M tax benefit boosts FY EPS to $514.46
Q4 net sales $2,410M vs $2,482M YoY; operating income $65M vs $114M.
Seaboard Q3 net earnings $109M, EPS $113.71 vs loss of $149M prior year
Q3 net sales $2.54B, up 14.5% YoY from $2.22B.
Seaboard Q2 net earnings rise 67% to $102M; EPS $105.22 vs $62.82 YoY
Net sales up 12% YoY to $2.48B (Q2 2025) from $2.21B.
Seaboard Corp authorizes $100M share repurchase program through 2027
Board approved repurchase of up to $100M of common stock through Dec 31, 2027.
Seaboard shareholders elect all five director nominees and ratify KPMG as auditor
Ellen Bresky re-elected with 807,067 votes for, 88,554 withheld.
Seaboard Q1 net sales up to $2.3B, swings to $38M operating profit from year-ago loss
Net sales $2,316M vs $2,191M YoY; operating income $38M vs ($20M) loss.
Seaboard Q4 net earnings rise to $154M from $64M; full-year earnings drop to $88M
Q4 net sales $2,482M (+9% YoY); operating income $114M vs loss of $87M a year ago.
Q3 net sales $2,218M, down from $2,388M YoY; operating income $32M vs $67M.
Seaboard Q2 net earnings up 17% to $61M; EPS $62.82 from $44.80 YoY
Net sales $2,209M, down 7.7% YoY from $2,393M.
Seaboard reports Q1 net earnings of $22M vs year-ago loss; revenue down 12% to $2.19B
Revenue $2.19B, down from $2.50B YoY; operating loss narrowed to $20M from $63M.
Seaboard Corp. annual meeting elects all director nominees; ratifies KPMG as auditor
Ellen S. Bresky re-elected with 812,114 votes for, 110,500 withheld.
Seaboard Foods CEO Peter Brown to retire June 28; Chad Groves named successor
Peter B. Brown to retire as President & CEO of Seaboard Foods effective June 28, 2024.
Net sales for Q4 2023 were $2,282M, down from $2,666M in Q4 2022; full year $9,562M versus $11,243M.
Board amended bylaws on Jan 25, 2024 to add Section 57 requiring exclusive forum in Delaware Court of Chancery for derivative and internal affairs claims.
Seaboard upsizes term loan to $975M, extends maturity to 2033
Seaboard Foods LLC increased its unsecured term loan from $700M to $975M.
Seaboard Q3 net sales $2.39B, down 17.5%; EPS $108.55 vs $125.78 YoY
Q3 net sales $2,388M vs $2,895M YoY; operating income $67M vs $155M.
Total repurchase of 189,724 shares for $600M at $3,162.50 per share; shares retired.
Seaboard Q2 operating loss $4M vs income $192M; EPS $44.80 down 52% YoY
Q2 net sales $2,393M, down 19.5% YoY; operating loss $4M vs income $192M.
Seaboard receives $600M share repurchase proposal from Bresky family; special committee formed.
Bresky Group, including Chairwoman Ellen S. Bresky, proposes $600M+ share buyback at mutually agreed price.
Seaboard posts Q1 net loss of $16M vs profit of $103M a year ago; dividend holds at $2.25
Net sales fell 8% to $2,499M from $2,709M in Q1 2022.
Barbara M. Smith, interim controller since March 2023, appointed VP, Corporate Controller and Principal Accounting Officer effective April 24, 2023.
Michael D. Trollinger resigns as Seaboard CAO; Barbara M. Smith named interim successor
Michael D. Trollinger resigns as Senior VP, Corporate Controller and Chief Accounting Officer, effective March 3, 2023.
Seaboard Q4 net sales $2.67B, net earnings $223M vs $121M YoY; dividend $2.25
Q4 net sales $2.666B, up 8.2% YoY; operating income $164M vs $89M.
Seaboard names Jacob Bresky as President & CEO of SOTG division; David Dannov out
David M. Dannov resigned as President & CEO of Seaboard Overseas and Trading Group (SOTG) effective January 9, 2023.
Seaboard Q3 net sales up 27% to $2.90B; EPS $125.78 vs $81.50 YoY
Q3 net sales $2,895M (up 27% from $2,276M); operating income $155M (up 38% from $112M).
Seaboard Q2 net sales up 22% to $2.97B; net earnings down 39% to $108M
Net sales $2,973M in Q2 2022 vs $2,430M prior year; operating income $192M vs $165M.
Seaboard Q1 revenue up 32% to $2.7B but net earnings fall 42% to $103M
Net sales $2,709M vs $2,059M YoY; operating income $146M vs $92M.
Seaboard Corp annual meeting elects directors and ratifies KPMG as auditor
All five director nominees elected: Bresky 983,280 for/128,171 withheld; Adamsen; Baena; Squires; Shifman.
Seaboard Q4 net earnings down 53% YoY to $121M; full-year net earnings double to $570M
Q4 net sales $2,464M (+23.8% YoY), but operating income fell to $89M from $134M.
Seaboard Q3 net sales $2.28B (+38% YoY); net earnings $94M (-39% YoY); dividend $2.25
Net sales for Q3 2021 $2,276M vs $1,645M YoY, up 38%; operating income $112M vs $39M.
Seaboard Q2 net sales $2.43B, EPS $151.56 vs loss of $23.51 a year ago
Net sales $2.43B in Q2 vs $1.81B a year ago; operating income $165M vs $9M.
Chad Groves has been appointed to succeed Mr. Brown as President and Chief Executive Officer of Seaboard Foods effective upon Mr. Brown's retirement.
On March 25, 2024, Peter B. Brown, President and Chief Executive Officer of Seaboard Foods LLC (“Seaboard Foods”), a wholly owned subsidiary of Seaboard Corporation (the “Company”), gave notice of his intention to retire from Seaboard Foods effective June 28, 2024.
On April 24, 2023, Seaboard Corporation (the “Company”) promoted Barbara M. Smith, age 42, who has been serving, on an interim basis, as the Company’s Corporate Controller and Principal Accounting Officer since March 2023, to the position of the Company’s Vice President, Corporate Controller and Principal Accounting Officer, with such appointment being effective immediately.
On February 20, 2023, Michael D. Trollinger, the Principal Accounting Officer of Seaboard Corporation (the “Company”), provided the Company notice of his resignation from the position of Senior Vice President, Corporate Controller and Chief Accounting Officer, with such resignation being effective March 3, 2023.
On February 24, 2023, the Company appointed the Company’s Corporate Assistant Controller, Barbara M. Smith, to serve as the Company’s Corporate Controller and Principal Accounting Officer on an interim basis, with such appointment being effective March 3, 2023.
David M. Dannov resigned from the position of President and Chief Executive Officer of the Seaboard Overseas and Trading Group (“SOTG Division”), a division of Seaboard Corporation (the “Company”), effective January 9, 2023.
Jacob A. Bresky has been appointed to succeed Mr. Dannov as President and Chief Executive Officer of the SOTG Division.
Max materiality 0.85 · Median 0.68 · Most common event earnings