EX-99.1 2 ex99-1.txt PRESS RELEASE OF SEABOARD CORPORATION Exhibit 99.1 PRESS RELEASE REPORT OF EARNINGS November 4, 2005 Shawnee Mission, Kansas The following is a report of earnings for Seaboard Corporation (AMEX symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the quarters ended October 1, 2005 and October 2, 2004, in thousands of dollars except per share amounts. Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, 2005 2004 2005 2004 Net sales $ 636,779 $ 667,462 $2,087,068 $1,995,444 Net earnings $ 52,590 $ 46,548 $ 183,851 $ 108,181 Earnings per common share Basic $ 41.90 $ 37.09 $ 146.49 $ 86.20 Diluted $ 41.69 $ 37.09 $ 146.24 $ 86.20 Weighted average shares outstanding Basic 1,255,123 1,255,054 1,255,077 1,255,054 Diluted 1,261,367 1,255,054 1,257,151 1,255,054 Notes to Report of Earnings: Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard has provided access to this Quarterly Report on Form 10-Q on its website at www.seaboardcorp.com/Financials.aspx.