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Seaboard Corporation Earnings Report: Q1 2025 Overview

MERRIAM, Kan., April 28, 2025 - Seaboard Corporation, known for its diverse agricultural and transportation operations, has recently released its earnings report for the first quarter of 2025. This report reflects significant growth in net sales and operating income compared to the previous year, showcasing the company's resilience and capability to adapt to market changes.

Financial Highlights

For the three-month period ending March 29, 2025, Seaboard Corporation reported:

• - Net Sales: $2,316 million, a rise from $2,191 million in the same quarter of 2024.
• - Operating Income: $38 million, recovering from an operating loss of $20 million in Q1 2024.
• - Net Earnings Attributable to Seaboard: $32 million compared to $22 million in the previous year.
• - Earnings Per Share (EPS): This also saw an increase, reported at $32.95 against $22.66 from a year earlier.
• - Dividends Declared: The company has maintained its quarterly cash dividend at $2.25 per share, consistent with prior distributions.

These figures highlight a positive trend for Seaboard Corp, firmly positioning it in a competitive market. The company's concerted efforts to streamline operations and enhance product offerings have evidently paid off in terms of financial health.

Dividend Declaration

In a further display of its financial stability and commitment to shareholders, Seaboard Corporation's Board of Directors has authorized a quarterly dividend of $2.25 per share, payable on May 19, 2025. This action reflects the company’s dedication to returning value to its shareholders while continuing to reinvest in the business for future growth. Shareholders on record as of the close of business on May 8, 2025, will be eligible for this dividend payout.

Quarterly Report Submission

In accordance with regulatory requirements, Seaboard has filed its Quarterly Report (Form 10-Q) with the United States Securities and Exchange Commission. This document is accessible to stakeholders through the company’s investors' section of their official website. This transparency is indicative of Seaboard's commitment to maintaining investor confidence and corporate responsibility.

Conclusion

Seaboard Corporation’s recent earnings report demonstrates a solid performance in an evolving economic landscape. With increased sales figures, a remarkable recovery in operating income, and consistent dividend payouts, the company is poised for continued success. Stakeholders and analysts alike will be keen to observe how these trends develop in the coming quarters and what strategies Seaboard will implement to harness future opportunities.

For more information, please visit Seaboard's Investor Relations.