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 reports developments in packaged fruits and vegetables, including canned, frozen and bottled produce, snack chips, private-label products, foodservice, contract packaging and industrial channels. The company sells products under brands including Libby’s, Green Giant, Aunt Nellie’s, Green Valley, CherryMan, READ and Seneca, and its Class B common stock trades under the symbol SENEB.
Recurring news covers quarterly sales and earnings, crop pack conditions, product mix, selling prices, LIFO and FIFO inventory effects, gross margin, working capital, co-pack activity and debt reduction. Company updates also include completed Green Giant shelf-stable and U.S. frozen business acquisitions, related frozen vegetable manufacturing operations and supply arrangements.
Seneca Snack Company has announced a voluntary recall of Seneca and Clancy’s Cinnamon Apple Chips due to potential Salmonella contamination. The recall affects specific lot codes with no reports of consumer illness. Only Clancy’s products sold at ALDI and Seneca products sold through Amazon and Gemline are included. The affected packages are 2.5- and 0.7-ounce sizes, with package codes from June 2021. Customers are advised to return the products for a full refund. For inquiries, consumers can contact Seneca Foods Consumer Affairs.
Seneca Foods Corporation (NASDAQ: SENEA, SENEB) announced the retirement of President and CEO, Kraig H. Kayser, effective September 30, 2020. He will assist with the transition until October 31, 2021. Paul L. Palmby, current COO, will succeed him. Kayser, in his leadership since 1993, has been pivotal in strategic acquisitions that bolstered the company’s standing in food packaging. The board commended his contributions and expressed confidence in Palmby's ability to build on the established foundation. Seneca Foods is a leader in packaged fruits and vegetables, sourcing from over 1,600 U.S. farms.