Seaboard Corporation (SEB)

The company now

Seaboard reported third-quarter net sales of $2,771 million on 3 November 2026, up from $2,540 million a year earlier 1. Operating income fell to $13 million from $84 million, and net earnings attributable to Seaboard were $28 million against $109 million 1. Earnings per common share were $29.23, down from $113.71 1.

Pork operating income was lower by $138 million, mainly on lower sales prices and a $51 million inventory write-down to cost or market, whichever is lower 2. Liquid Fuels offset part of it, with operating income up $52 million on higher fuel and environmental credit sales 2.

Management anticipates that the Pork segment will not be profitable for the remainder of 2026 2. The 10-Q also adds a risk factor on the conflict involving Iran, which began in February 2026 and has raised fuel costs 2.

The board declared a quarterly dividend of $2.25 per share, payable on 23 November 2026 to holders of record on 13 November 1.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.