Welcome to our dedicated page for Seneca Foods news (Ticker: SENEB), a resource for investors and traders seeking the latest updates and insights on Seneca Foods stock.
Seneca Foods Corporation (SENEB) generates a steady flow of news tied to its role as a manufacturer of packaged fruits, vegetables, and snack chips. As a Nasdaq Global Select Market issuer with both Class A (SENEA) and Class B (SENEB) shares, the company regularly releases detailed updates on its financial performance and operating conditions.
Most of Seneca Foods’ news coverage centers on quarterly and annual earnings reports. These releases typically discuss net sales trends, gross margin percentages, and the effects of factors such as crop conditions, input costs, and tariffs. They also provide reconciliations for non-GAAP measures like Adjusted net earnings, EBITDA, and FIFO EBITDA, with particular attention to the impact of LIFO inventory accounting on reported results.
News items also highlight operational developments that affect the packaged fruit and vegetable business. Examples in recent periods include commentary on growing seasons, harvest quality, and inventory levels, as well as updates on contract manufacturing volumes and integration of acquired product lines. Management often discusses how weather, category demand, and cost inflation influence volumes and margins across its vegetable and fruit/snack segments.
Investors and industry observers will also find risk and outlook commentary embedded in Seneca Foods’ releases. The company outlines key risks related to raw material availability, labor, energy, transportation, competition, and regulatory compliance, providing context for how these factors may affect future performance.
Occasionally, the news flow includes product quality and regulatory announcements, such as the 2023 voluntary recall of a mislabeled gravy product due to a potential undeclared allergen. These items illustrate the food safety and labeling environment in which the company operates.
For anyone tracking SENEB, this news page offers a centralized view of Seneca Foods’ earnings, operational updates, risk disclosures, and select product-related announcements over time.
Seneca Foods (NASDAQ: SENEA) reported results for the third quarter and nine months ended December 27, 2025. Nine-month net sales were $1,265.8 million, up $32.8 million versus prior year. Gross margin improved to 14.8% YTD (from 10.9%) and to 16.4% in Q3 (from 9.8%), driven by higher selling prices, product mix and normalized costs.
Management cited record sales in the quarter, strong holiday demand, robust cash flow, reductions in working capital and continued decreases in net debt.
Seneca Foods (NASDAQ: SENEA) reported results for the quarter and six months ended September 27, 2025. For the six months, net sales were $757.5M versus $730.2M a year earlier, an increase of $27.3M driven by higher volumes and selling prices. Gross margin for the six months was 13.7% versus 11.7% year-ago. For the second quarter, net sales were $460.0M versus $425.5M, with unit volumes up 10.2% and net sales up 8.1%. Quarterly gross margin was 13.4% versus 10.1% a year earlier. Management noted near-budget harvests and continued sell-through of higher-cost 2024 inventory affecting FIFO gross margin.
Seneca Foods (NASDAQ: SENEA) reported its Q1 fiscal 2026 financial results, with net sales of $297.5 million, down from $304.7 million in Q1 fiscal 2025. The $7.2 million decrease was attributed to lower sales volumes, partially offset by higher selling prices and product mix changes.
The company maintained a stable gross margin of 14.1% compared to 14.0% in the previous year. CEO Paul Palmby noted challenges from high-cost 2024 inventory due to unfavorable weather and sales disruptions from a key co-pack customer, but expressed optimism about recovering volumes and improved conditions for the 2025 pack season.
Seneca Foods (NASDAQ: SENEA) has reported its financial results for Q3 and nine months ended December 28, 2024. The company's net sales for the nine-month period reached $1,233.0 million, up from $1,150.6 million in the previous year, marking an increase of $82.4 million primarily due to higher sales volumes.
However, gross margin decreased to 10.9% from 14.6% year-over-year for the nine-month period. The third quarter saw net sales of $502.9 million, compared to $444.5 million in the same quarter last year, with gross margin declining to 9.8% from 12.2%.
CEO Paul Palmby noted a 16% increase in unit volume sales in Q3, but highlighted margin pressure due to poor 2024 pack season caused by historic rainy weather in primary growing areas. The company experienced strong operating cash flow and debt reduction due to short pack combined with robust sales momentum.
Seneca Foods reported financial results for Q2 and first half of fiscal 2025. Net sales reached $730.2 million for the six months ended September 28, 2024, up from $706.1 million in the same period last year, primarily due to higher sales volumes. However, gross margin decreased to 11.7% from 16.1% year-over-year. Q2 net sales were $425.5 million, up from $407.5 million, with gross margin declining to 10.1% from 14.3%. Core business case volumes increased 9.9% in the first six months, excluding co-pack business. The company noted increased unit costs due to inventory reductions and unfavorable growing weather, though working capital trends and operating cash flow improved.
Seneca Foods (NASDAQ: SENEA, SENEB) reported financial results for Q1 fiscal 2025 ended June 29, 2024. Net sales increased to $304.7 million, up from $298.7 million in Q1 fiscal 2024, driven by higher sales volumes. However, gross margin decreased to 14.0% from 18.5% in the same period last year. CEO Paul Palmby noted a solid first quarter with positive volume momentum in the core vegetable business, despite category headwinds. Contract manufacturing volumes were below forecast due to timing, but are expected to recover later in the fiscal year. Margins remain pressured compared to last year due to higher cost inventory and a competitive pricing environment.
Seneca Foods (NASDAQ: SENEA, SENEB) announced its financial results for Q4 and the fiscal year ending March 31, 2024. Annual net sales were $1,458.6M, a decrease from $1,509.4M in the previous year due to lower sales volumes, partially offset by higher selling prices. The gross margin percentage increased to 12.9% from 6.9%. For Q4, net sales were $308.0M, down from $331.1M the previous year, again due to lower sales volumes but higher prices. Q4 gross margin improved to 6.7% from -4.3%.
CEO Paul Palmby noted that despite a year-over-year decline in sales and earnings in the seasonally weak Q4, fiscal 2024 was historically the third best on an operating basis for Seneca Foods.
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