Server: Microsoft-IIS/3.0 Date: Thu, 18 Dec 1997 05:59:14 GMT Content-Type: text/html Accept-Ranges: bytes Last-Modified: Tue, 30 Sep 1997 17:26:50 GMT Content-Length: 9183 4th Quarter Earnings March 11/97
 
4th Quarter Earnings Release
March 11, 1997

Shawnee Mission, Kansas

The following is a report of earnings for Seaboard Corporation (9000 West 67th Street, Shawnee Mission, Kansas 66202) for the sixteen and fifty-two week periods ended December 31, 1996, and December 31, 1995, in thousands of dollars except per share amounts.

For Sixteen Weeks Ended For Fifty-Two Weeks Ended

 

Dec. 31 1996

Dec. 31 1995

 

Dec. 31 1996

Dec. 31 1995

           
Net sales $485,489 $394,389   $1,464,362 $1,173,977
Earnings before cumulative effect of a change in accounting principle $14,385 $(1,682)   $2,840 $20,202
Cumulative effect of changing the accounting for inventories -0- -0-   3,006 -0-
Net earnings $14,385 $(1,682)   $5,846 $20,202
Earnings per common share on 1,487,520 shares:          
Earnings before cumulative effect of a change in accounting principle $9.67 $(1.13)   $1.91 $13.58
Cumulative effect of changing the accounting for inventories -0- -0-   2.02 -0-
Earnings per common share $9.67 $(1.13)   $3.93 $13.58