SHAWNEE MISSION, Kan.,
Aug. 9, 2011 /PRNewswire/ --The
following is a report of earnings for Seaboard Corporation (NYSE
Amex symbol: SEB) with offices at 9000 West 67th Street,
Shawnee Mission, Kansas 66202,
(the "Company"), for the three and six months ended July 2, 2011 and July 3,
2010, in thousands of dollars except share and per share
amounts.
|
Three Months
Ended
|
Six Months
Ended
|
|
|
July
2,
|
July
3,
|
July
2,
|
July
3,
|
|
|
2011
|
2010
|
2011
|
2010
|
|
|
Net sales
|
$1,398,587
|
$1,048,463
|
$2,866,766
|
$2,068,739
|
|
|
Net earnings attributable
to Seaboard
|
$113,486
|
$77,604
|
$230,350
|
$140,382
|
|
|
|
|
|
|
|
|
Net earnings per common
share
|
$93.34
|
$ 63.21
|
$189.45
|
$114.02
|
|
|
Average number of shares
outstanding
|
1,215,879
|
1,227,628
|
1,215,879
|
1,231,207
|
|
|
|
|
|
|
Notes to Report of Earnings:
Included in net earnings attributable to Seaboard for the three
and six months ended July 2, 2011 is
a gain on sale of power generating facilities in the amount of
$51,423,000, or $42.29 share. There was no tax expense on
this transaction.
Seaboard Corporation today filed its Quarterly Report on Form
10-Q with the United States Securities and Exchange Commission.
Seaboard has provided access to the Quarterly Report on Form
10-Q on its website at
http://www.seaboardcorp.com/investor-sec.aspx.
SOURCE Seaboard Corporation