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Investor NewsFinancial documents and investor-related materials are available for review and downloading within this site. You may request additional material by contacting us at 315-926-8100 or via email at investors@senecafoods.com. |
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Today we are the world's largest producer of canned vegetables and ideally positioned for vigorous growth in global markets. An independent commodity-driven food manufacturing company, Seneca Foods has the long-term vision, the drive, and the resources for continued success.
Seneca Foods Corporation conducts its business entirely in food processing, which contributed about 99% of the Company's fiscal year 2011 net sales. Canned vegetables represented 72%, fruit products represented 16%, frozen fruit and vegetables represented 11%, and fruit chips products represented 1% of the total food processing net sales. Non-food processing sales, which primarily related to the sale of cans and ends, and outside revenue from the Company's trucking and aircraft operationms, represented 1% of the Company's fiscal year 2011 net sales.
| Seasonality | Revenues vs. Net Earnings |
|---|---|
The Company's revenues are typically higher in the second and third quarters as represented by this table.![]() |
Fiscal 2011 financial results include eight months of operating activity related to Lebanon acquisition and Fiscal 2007 includes eight months of operating activity related to the Signature Fruit acquisition.
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| Results of Operations | Business Segments |
*General Mills Operations, LLC (GMOL) includes frozen vegetable sales exclusively for GMOL
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Breakdown of Business Segments based on Net Sales Ending March 31, 2011
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| Common Stock Performance Graph | Common Stock |
This graph shows the cumulative, five year total return for the Company's Common Stock compared with the NASDAQ Mrket Index (which includes the Company) and a peer group of companies. The former peer group are Del Monte Foods Company, Hanover Foods Corporation, Ralcorp Holdings, Inc., Treehouse Foods, Inc., and Hain Celestial Group, Inc. The new peer group removed Del Monte since they are no longer a publicly traded company and adds John B. Sanfilippo & Sons, Inc.
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The Company's common stock is traded on The NASDAQ Global Stock Market. The 9.6 million Class A outstanding shares and 2.1 million Class B outstanding shares are owned by 246 and 233 shareholders of record, respectively. The high and low closing prices of the Company's common stock during each quarter of the past two years are shown below:
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