Seaboard Aktie News

Seaboard is a diversified farm-economy player, with grain trading and milling, hog/turkey processing, sugar and biofuel refining, ocean transportation services, plus power generation providing sales. Weak earnings since early 2023 have dragged the share price lower, to a valuation level rarely reached in past trading. The share quote is now severely undervalued, selling at a discount of 35% on ...

MERRIAM, Kan. , April 30, 2024 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three months ended March 30, 2024, and April 1, 2023, in millions of dollars except share and per share amounts.

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MERRIAM, Kan. , March 25, 2024 /PRNewswire/ -- Seaboard Corporation (NYSE American: SEB) today announced that it has named Chad Groves as the next President and Chief Executive Officer of its pork division, Seaboard Foods LLC (Seaboard Foods), to succeed Seaboard Foods' current President and Chief Executive Officer, Peter Brown, who announced that he will be retiring, effective June 28, 2024.

Seaboard's pork division has been performing poorly due to low pork prices and high production costs. The company reported a 15% decrease in total revenue for FY 2023, resulting in a significant decrease in gross income and operating income. Seaboard expects the pork division to break even this year and has set a total capex budget of $555M for further investment.

MERRIAM, Kan. , Feb. 13, 2024 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the quarters and years ended December 31, 2023 and December 31, 2022, in millions of dollars except share and per share amounts.