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What’s New at Seneca Foods?

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Aug. 6, 2026 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Three Months Ended June 27, 2026

"We started fiscal 2027 on a very strong note, with increased sales versus the same period last year driven by our Green Giant Frozen acquisition, steady private label growth, and timing related to our Co-pack business. As high-cost inventory from the short pack of 2024 is now behind us, gross margin expanded 100bp year-over-year on a FIFO basis, despite the impact of a non-cash charge related to the bargain purchase of the Green Giant Frozen business." Paul Palmby, President and Chief Executive Officer of Seneca Foods

Nov. 5, 2025 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 27, 2025

“We are very pleased with our unit volumes and net sales for the quarter, up 10.2% and 8.1%, respectively. We are also enjoying a near budget harvest for most crops this year, a welcome change from last year’s poor crop, and delivering more normalized costs and inventory levels in order to support customer demand,” stated Paul Palmby, President and Chief Executive Officer of Seneca Foods Corporation. “Net earnings were better than we had budgeted but FIFO gross margin was slightly lower than last year, reflecting continued sell-through of the higher cost 2024 inventory.”

Feb. 6, 2025 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Quarter and Nine Months Ended December 28, 2024

“We are pleased with the continued unit volume sales growth experienced in the third quarter, up over 16% compared to last year. However, margins remain pressured versus last year due to the poor 2024 pack season, driven by historic rainy weather in our primary growing areas,” stated Paul Palmby, President and Chief Executive Officer of Seneca Foods.

Nov. 6, 2024 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 28, 2024

“Second quarter results reflect continued positive volume momentum in our core business, as case volumes were up 9.9% in the first six months year-over-year when excluding co-pack business, which has been negatively impacted by the timing of purchases compared to last year,” stated Paul Palmby, President and Chief Executive Officer of Seneca Foods.

Feb. 8, 2024 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Quarter and Nine Months Ended December 30, 2023

“Third quarter results continued a strong fiscal 2024 for the Company. Decreasing LIFO charges compared to last year as a result of moderating inflation had a positive impact on reported net earnings. Additionally, we are well along with the integration of the Green Giant shelf stable business that we acquired during the quarter and remain pleased with the positive impact the business is delivering; we are excited about the potential for this iconic brand.” - Paul Palmby, President and Chief Executive Officer of Seneca Foods.

Nov. 9, 2023 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 30, 2023

“The Company continued its strong performance through the first half of fiscal 2024 with net sales and FIFO EBITDA exceeding fiscal 2023 results for the same period. Net earnings continue to reflect non-cash LIFO charges driven by higher costs but have significantly moderated from the same period in fiscal 2023” Paul Palmby, President and Chief Executive Officer of Seneca Foods Corporation. “

Nov. 8, 2023 | Corporate

Seneca Foods Announces Purchase of Assets Related to the Green Giant

“We are excited to add the iconic Green Giant brand and shelf-stable products to our portfolio of canned vegetable offerings. Having co-manufactured much of this product for B&G Foods for many years, we have long admired the strength of the brand in the market and look forward to its continued success.” Paul Palmby, President and CEO of Seneca Foods Corporation.

Feb. 9, 2023 | Corporate

Seneca Foods Announces Michael Wolcott as Chief Financial Officer

FAIRPORT, N.Y. February 9, 2023 -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced that it will appoint the current Vice President of Finance, Michael Wolcott, to Senior Vice President of Finance and Chief Financial Officer (“CFO”) effective April 1, 2023. As CFO, Mr. Wolcott will oversee the Company’s finance organization and be responsible for all financial and accounting matters, including tax, treasury, internal audit, and investor relations. Mr.

Feb. 8, 2023 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Nine Months Ended December 31, 2022

“Third quarter results delivered solid sales and earnings growth despite persistent inflationary pressures that led to another large non-cash LIFO charge. Cost increases, particularly for raw materials and labor, have necessitated pricing actions to minimize the impact of inflation on our results. Additionally, our team has worked diligently to mitigate the supply chain challenges we have faced.” - Paul Palmby, CEO

Nov. 9, 2022 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Six Months Ended October 1, 2022

“Inflation continues to have an impact on our reported earnings as a non-cash pre-tax LIFO charge of $29.2 million was incurred in the 3 months ended October 1, 2022,” said Paul Palmby, President and Chief Executive Officer of Seneca Foods. “However, through cost mitigation and needed pricing advances reflecting the reality of persistent inflationary pressure, we have been able to minimize the impact on our results. In addition, with a successful raw product pack season, inventory levels are sufficient to fully support customer needs.”

Feb. 10, 2022 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Nine Months Ended January 1, 2022

“The Company delivered a solid performance in the third quarter of fiscal 2022 despite a large LIFO charge to the quarter and year to date being caused by higher input costs. Total net sales are down compared to prior year, which was expected given the 2020 COVID-19 related pantry loading and the Truitt divesture that happened during fiscal 2021. We remain focused on mitigating supply chain, labor and inflation related impacts.” - Paul Palmby, CEO

Nov. 12, 2021 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Six Months Ended October 2, 2021

“We are pleased with the Company’s performance in the second quarter. A comparative perspective to the prior year remains a challenge given the 2020 COVID-19 pantry loading and the Truitt divestiture that happened in fiscal year 2021. However, as expected, our net sales performance has remained on level to pre-pandemic levels. Quarterly and year-to-date reported earnings were strong even considering a large LIFO charge that is being driven by higher input costs. ” - Paul Palmby, CEO

Nov. 12, 2021 | Corporate

Seneca Foods Names New Director

MARION, N.Y. November 12, 2021 -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced the Board of Directors (the “Board”) of Seneca Foods Corporation (the “Company”) has appointed Kraig H. Kayser as a member of the Board effective November 10, 2021

Aug. 11, 2021 | Earnings Reports

Seneca Foods Reports Results for the First Quarter of Fiscal 2022

"Overall, the first quarter of 2022 was as we expected. A comparison to prior year is difficult as COVID-driven panic buying commenced last year. However, for the first quarter of 2022 we achieved very respectable earnings per common share of $1.56. With the exception of last year, this is our highest first quarter earnings per common share in many years.” - Paul Palmby, CEO

Jun. 11, 2021 | Earnings Reports

Seneca Reports Results for the Quarter and Fiscal Year Ended March 31, 2020

“Fiscal 2021 was a year of contrasts. While increased pandemic demand for our products led to record financial performance, it was overshadowed by the suffering and loss from the virus by many of our employees, their families and our communities. Our results speak for themselves but it was the dedication and hard work of our plant employees who truly made the difference through these difficult times.” - Paul Palmby, Chief Executive Officer

Mar. 10, 2021 | Corporate

Results of Modified Dutch Auction Tender Offer

“We believe our shares are undervalued, and we saw a tender offer as an opportunity to enhance value for our shareholders based upon the then current share price of our common stock,” said Seneca Chief Executive Officer Paul Palmby. “We believe the undersubscribed tender offer is clear evidence that shareholders share our view.”

Feb. 8, 2021 | Corporate

Seneca Commences Cash Tender Offer to Purchase its Class A Common Stock

The Company is conducting a “modified Dutch auction”, which allows stockholders to indicate how much stock and at what price within the specified offer range they wish to tender their stock. The offer allows purchase up to $75 million in value of its Class A common stock, par value $0.25 per share, at a price not greater than $46.00 nor less than $40.00 per Class A Share to the seller in cash, less any applicable withholding taxes and without interest.

Feb. 3, 2021 | Earnings Reports

Seneca Foods Reports Third Quarter Results for FY 2021

"Our results for the quarter reflect the gain on sale of our prepared foods business as well as continued strong sales in our core business. I remain humbled by the dedication of all of our loyal employees during the pandemic as we continue to help do our part in meeting customer needs with our products." - Paul Palmby, President and CEO

Nov. 4, 2020 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Second Quarter

Net sales increased 5.5% to $390.3 million while gross margin percentage increased from 6.5% to 12.5% as compared to the prior year three months due to higher selling prices and higher sales volume in the second quarter of 2021.

Sep. 1, 2020 | Corporate

CEO Kraig Kayser to Retire; Paul Palmby Named to Succeed Him

“We would like to thank Kraig for his many contributions to the Company. The Board has tremendous respect for Kraig’s leadership and the performance Seneca Foods has achieved under his direction. As we look forward to a smooth transition we note that Paul understands both our history and vision for the future and has the skills and perspective needed to build upon our solid foundation and take Seneca Foods to the next level.” - The Seneca Board

Jul. 2, 2020 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2020

“During Fiscal 2020 we completed two years of restructuring that included plant consolidations, divestitures including exiting the canned fruit business. As expected, the Company improved its margins when compared to the prior year. In addition, we had an unexpected sales lift in the last month of the fiscal year as consumers pantry loaded as a result of the coronavirus pandemic,” stated Kraig Kayser, President and Chief Executive Officer.

Jun. 12, 2020 | Corporate

Timing of Annual Report

As a result of the impacts of COVID-19 pandemic on the business and employees of Seneca Foods, we will be relying on the Securities and Exchange Commission’s Order under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions From the Reporting and Proxy Delivery Requirements for Public Companies dated March 25, 2020 (Release No. 34-88465) to delay the filing of our Annual Report on Form 10-K for the fiscal year ended March 31, 2020.

Apr. 8, 2020 | Corporate

Response to COVID-19

Our mission at Seneca Foods Corporation is to feed the world safe and nutritious products that are valued and enjoyed by families everywhere. This mission is supported by our vision which is to continue to grow as a leader in the food industry by remaining deeply rooted in our Fundamental Beliefs and through a shared commitment to those we serve.

Feb. 6, 2020 | Corporate

Seneca Foods and CraftAg Enterprises announce the formation of a joint-venture, CraftAg, LLC, a vertically integrated seed-to-sale hemp company

The newly formed CraftAg, LLC will process hemp in Sunnyside, WA, at a facility that was previously owned by Seneca and used as a pear and apple cannery. The repurposed 270k square foot facility has already begun processing the 2019 crop of Aromahemp™, and is ideally located in the heart of the Yakima Valley, a region well-suited for growing specialty crops such as hemp.

Feb. 5, 2020 | Earnings Reports

Seneca Foods Reports Third Quarter Results for Fiscal Year 2020

Gross margin percentage from continuing operations income increased from 2.7% to 9.3% as compared to the prior year nine months. Higher sales volume, lower cost increases and a decrease in the LIFO charge all contributed to the higher gross margin percentage.

Jul. 31, 2019 | Corporate

Seneca Foods Completes the Acquisition of Paradise, Inc.’s Fruit Business

“Paradise has a long history of providing high quality candied fruit products to their customers. We are very excited about this acquisition and the extension of product offerings it brings to our company. This business segment will be a complimentary fit within our maraschino business at our wholly own subsidiary Gray & Company,” stated Kraig Kayser, Seneca Foods' President and CEO.

Feb. 1, 2019 | Earnings Reports

Seneca Foods Reports Third Quarter Results for Fiscal Year 2019

Net sales increased 4.9% to $372.2 million for the quarter ended December 29, 2018, compared to net sales of $354.9 million for the third quarter of 2017. The gross margin percentage from continuing operations decreased from 8.1% to (0.4) % as compared to the prior third quarter. Cost increases and a $25.8 million LIFO charge all contributed to the lower gross margin percentage.

Dec. 7, 2018 | Corporate

Seneca Foods Names New Director

Seneca Foods today announced the appointment of a new director, Dr. Kathryn J. Boor effective January 1, 2019. She will replace Dr. Susan A. Henry who recently advised the Company that she will resign from the Seneca Foods Corporation Board of Directors effective December 31, 2018. Dr. Henry had served as a director of the Company since 2007.

Nov. 9, 2018 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 29, 2018

“As we anticipated, we have sold the Modesto facility subsequent to the quarter end and are in the process of completing the orderly liquidation of the Modesto operations. We are expecting a third quarter pre-tax gain on the sale of the Modesto facility of approximately $53.9 million. Continuing operations results are lagging behind the prior year primarily due to higher steel and transportation costs,” stated Kraig Kayser, President and Chief Executive Officer.

Jul. 31, 2018 | Earnings Reports

Sales Increase of 22.4% or $62.7 Million for the Three Months Ended June 30, 2018

Seneca Foods reported a net loss for the fiscal first quarter of 2019 of $(8.8) million, or $(0.90) per diluted share, compared to a net loss of $(0.8) million, or $(0.09) per diluted share, in the fiscal first quarter of 2018. Net sales for the first quarter ended June 30, 2018, increased from the first quarter ended July 1, 2017, by 22.4%, to $343.4 million. The increase is attributed to a favorable sales volume variance of $56.8 million and a favorable sales mix and higher selling price variance of $5.9 million. The volume increase is primarily attributable to the Pacific Coast Producers sale of fruit which contributed $55.8 million to net sales.

Jun. 29, 2018 | Earnings Reports

Seneca Foods Reports Financial Results for the Fourth Quarter 2018 and for the Twelve Months Ended March 31, 2018

Seneca Foods reported a net loss for the fiscal year ended March 31, 2018 of $(13.8) million, or $(1.41) per diluted share, compared to net earnings of $15.9 million, or $1.60 per diluted share, in the fiscal year ended March 31, 2017. A significant portion of the net earnings decrease was attributable to non-recurring restructuring charges related to the Modesto plant closing of $10.0 million which occurred in the current year.

Modesto

Feb. 16, 2018 | Corporate

Seneca Foods to Close its Modesto, California Facility

Seneca announced today that it will close its plant in Modesto, California, due to challenging economic conditions. The facility is primarily used for packaging and warehousing of the Company’s peach and fruit cocktail products. The Company expects this plant closure to improve its long-term financial condition and reduce leverage.

Jan. 25, 2018 | Earnings Reports

Sales Increase of 7.1% or $69.6 Million for the Nine Months Ended December 30, 2017

“Due to a significant LIFO charge for the quarter and nine month periods, we are reporting slightly lower earnings than the prior year periods. FIFO net earnings and sales are up compared to the prior year. Overall, operating earnings, excluding LIFO and plant restructuring charges, are ahead of the prior year,” stated Kraig Kayser, President and Chief Executive Officer.

Jul. 31, 2017 | Earnings Reports

Sales Increase of 10.9% or $27.6 Million for the Three Months Ended July 1, 2017

Seneca Foods reported a net loss for the fiscal first quarter of 2018 of $(0.8) million, or $(0.09) per diluted share, compared to a net loss of $(0.1) million, or $(0.01) per diluted share, in the fiscal first quarter of 2017. Net sales for the first quarter ended July 1, 2017, increased from the first quarter ended July 2, 2016, by 10.9%, to $280.2 million.

May. 25, 2017 | Earnings Reports

Seneca Foods Reports Financial Results for the Fourth Quarter 2017 and for the Twelve Months Ended March 31, 2017

Seneca Foods reported net earnings for the fiscal year ended March 31, 2017, of $12.6 million, or $1.27 per diluted share, compared to $54.5 million, or $5.42 per diluted share, in the fiscal year ended March 31, 2016. A significant portion of the net earnings decrease was attributable to a non-recurring pre-tax gain of $24.3 million which occurred in the prior year.

Apr. 4, 2017 | Corporate

Seneca Foods Acquires the Remaining 50% of Truitt Bros., Inc.

Seneca Foods and David J. Truitt have entered into a Share Purchase Agreement whereas the Company has acquired David’s 50% ownership interest in Truitt Bros., Inc., (“TBI”) and directly related holdings. The effective date of the transaction is April, 1, 2017. With this transaction the Company will now own 100% of TBI which they will retain as a wholly owned subsidiary. David Truitt and the existing management team will continue to operate the TBI business after this transaction. The remaining terms of the Share Purchase Agreement are currently not being disclosed.

Jan. 23, 2017 | Technology

Seneca Foods and Valspar debut industry-leading valPure® can linings in flagship Libby’s® brand canned vegetables.

Seneca Foods today announced its continued commitment to food safety education by partnering with The Valspar Corporation, adding their valPure® logo to many of its canned vegetable labels. valPure®, Valspar’s brand of non-BPA* can lining technologies, provides superior protection for food while addressing consumers’ desire to avoid materials of concern. The valPure® lining has been evaluated using Safety by Design, a process modeled on pharmaceutical development, ensuring a safe and sustainable solution. As the first major canned vegetable processor to switch to BPA non-intent linings, Seneca has updated its labels to provide greater transparency of the materials used in place of BPA.

Jun. 8, 2016 | Earnings Reports

Seneca Foods Reports Earnings of $13.8 Million or $1.38 per Diluted Share for the Fourth Quarter of Fiscal Year 2016

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net earnings for the fiscal fourth quarter of 2016 was $13.8 million, or $1.38 per diluted share, compared to $2.8 million, or $0.26 per diluted share, in the fiscal fourth quarter of 2015.  Net sales for the fourth quarter ended March 31, 2016, increased from the fourth quarter ended March 31, 2015, by 9.3%, to $303.7 million.  The increase is attributable to increased sales volume of $52.4 million partially offset by lower selling prices/less favorable sales mix of $26.7 million.  click here to view entire press release

Feb. 17, 2016 | Corporate

Seneca Foods Completes the Acquisition of Diana Fruit Company

Seneca Foods Corporation (“Seneca”) (NASDAQ: SENEA, SENEB) and Diana Fruit Co., Inc. (“Diana”) announced today that Seneca’s subsidiary, Gray & Company, has completed the acquisition of Diana. This business, based in Santa Clara, California, is one of the leading providers of maraschino cherries and fruit cocktail cherries

Nov. 2, 2015 | Earnings Reports

Seneca Foods Reports Net Earnings of $6.5 Million for the Quarter Ended September 26, 2015

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported for the second quarter of 2016, net earnings of $6.5 million, or $0.65 per diluted share, compared to a net loss of $0.6 million, or $(0.05) per diluted share, in the fiscal second quarter of 2015. Net sales for the second quarter ended September 26, 2015 increased from the second quarter ended September 27, 2014 by 0.3%, or $1.0 million to $313.2 million. The increase is attributable to a favorable sales mix and higher selling prices of $4.0 million partially offset a by a sales volume decrease of $2.9 million. click here to view entire press release

Nov. 2, 2015 | Corporate

Seneca Foods Completes the Acquisition of Gray & Company

Seneca Foods Corporation (the “Company”) (NASDAQ: SENEA, SENEB) and Gray & Company announced today that Seneca has completed the acquisition of Gray & Company. This business, based in Hart, Michigan, is the world’s leading provider of maraschino cherries and one of the largest providers of glace or candied fruit products. Its product suite is sold via branded and private label items to the retail, club stores, foodservice and industrial markets.

Jul. 31, 2015 | Earnings Reports

Seneca Foods Reports Net Earnings of $3.0 Million for the Quarter Ended June 27, 2015

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported for the first quarter of 2016, net earnings of $3.0 million, or $0.29 per diluted share, compared to a net loss of $0.1 million, or $(0.01) per diluted share, in the fiscal first quarter of 2015.   Net sales for the first quarter ended June 27, 2015 decreased from the first quarter ended June 28, 2014 by 5.7%, or $13.8 million to $226.3 million.  The decrease is attributable to a sales volume decrease of $16.6 million partially offset by favorable sales mix and higher selling prices of $2.8 million.  A major portio

Jun. 9, 2015 | Earnings Reports

Seneca Foods Reports Earnings of $2.8 Million or $0.26 per Diluted Share for the Fourth Quarter of Fiscal Year 2015

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net earnings for the fiscal fourth quarter of 2015 was $2.8 million, or $0.26 per diluted share, compared to a loss of $(1.0) million, or $(0.09) per diluted share, in the fiscal fourth quarter of 2014.  Net sales for the fourth quarter ended March 31, 2015, decreased from the fourth quarter ended March 31, 2014, by 5.4%, to $277.9 million.  The decrease is attributable to decreased sales volume of $25.0 million partially offset by higher selling prices/more favorable sales mix of $9.2 million.  

May. 29, 2015 | Corporate

Seneca Foods Announces Termination of Definitive Agreement with Pacific Coast Producers

Seneca Foods Corporation (NASDAQ:SENEA, SENEB) and Pacific Coast Producers announced today that the asset purchase agreement between the two companies has been terminated, and that Pacific Coast Producers will not be acquiring the Modesto, California facility and associated business from Seneca Foods.  Both companies received a “second request” letter from the Department of Justice on Tuesday, May 26.

Feb. 2, 2015 | Earnings Reports

Seneca Foods Reports Net Earnings of $7.8 Million for the Quarter Ended December 27, 2014

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported for the third quarter of 2015, net earnings of $7.8 million, or $0.71 per diluted share, compared to net earnings of $6.8 million, or $0.61 per diluted share, in the fiscal third quarter of 2014. Net sales for the third quarter ended December 27, 2014 decreased from the third quarter ended December 28, 2013 by 4.5%, or $21.5 million to $456.2 million.

Aug. 6, 2014 | Earnings Reports

Seneca Foods Reports Net Sales Increase of $7.9 Million for the Quarter Ended June 28, 2014

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported for the first quarter of 2015, a net loss of $0.1 million, or $(0.01) per diluted share, compared to net earnings of $1.3 million, or $0.12 per diluted share, in the fiscal first quarter of 2014. Net sales for the first quarter ended June 28, 2014 increased from the first quarter ended June 29, 2013 by 3.4%, or $7.9 million to $240.0 million.

Apr. 1, 2014 | Corporate

Seneca Foods Corporation Acquires 50% of Truitt Bros., Inc.

Seneca Foods Corporation (the “Company”) (NASDAQ: SENEA, SENEB) and Peter W. Truitt have entered into a Share Purchase Agreement whereas the Company has acquired Peter’s 50% ownership interest in Truitt Bros., Inc., and directly related holdings.

Jan. 29, 2014 | Earnings Reports

Seneca Foods Reports Net Sales Increase of $25.0 Million for the Quarter Ended December 28, 2013

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported for the third quarter of 2014, net earnings of $6.8 million, or $0.61 per diluted share, compared to $14.8 million, or $1.32 per diluted share, in the fiscal third quarter of 2013. Net sales for the third quarter ended December 28, 2013 increased from the third quarter ended December 29, 2012 by 5.5%, or $25.0 million to $477.7 million.

Dec. 17, 2013 | Corporate

Seneca Foods Enters into a Purchase Agreement with Allens

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today confirmed that it has entered into an Asset Purchase Agreement to acquire substantially all the operating assets of Allens, Inc for a purchase price of approximately $148.0 million, subject to a working capital adjustment, plus the assumption of certain liabilities.

Oct. 23, 2013 | Earnings Reports

Seneca Foods Reports Net Sales increase of $19.0 Million for the Quarter Ended September 28, 2013

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported for the second quarter of 2014, net earnings of $6.6 million, or $0.59 per diluted share, compared to $14.5 million, or $1.22 per diluted share, in the fiscal second quarter of 2013. Net sales for the second quarter ended September 28, 2013 increased from the second quarter ended September 29, 2012 by 6.0%, or $19.0 million to $336.6 million. The increase is attributable to a sales volume increase of $26.9 million partially offset by a less favorable sales mix and lower selling prices of $7.9

Aug. 1, 2013 | Earnings Reports

Earnings Release - First Quarter Ended June 29, 2013

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported net earnings for the fiscal quarter ended June 29, 2013 of $1.3 million, or $0.12 per diluted share, compared to $8.2 million, or $0.67 per diluted share for the same period in the prior year. In the first quarter of fiscal 2014, net sales increased $1.1 million, or 0.5% to $232.1 million. The increase in net sales is attributable to higher sales volume of $12.5 million partially offset by lower selling prices/unfavorable sales mix of $11.4 million.

May. 23, 2013 | Earnings Reports

Seneca Foods Reports Earnings of $41.4 Million or $3.57 per Diluted Share for Fiscal Year 2013

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net earnings for the fiscal year ended March 31, 2013, increased 267.9% to $41.4 million, or $3.57 per diluted share, compared to $11.3 million, or $0.92 per diluted share, in the fiscal year ended March 31, 2012. Net sales for the fiscal year ended March 31, 2013, increased from the fiscal year ended March 31, 2012 by 1.5%, to $1,276.3 million. The increase is attributable to increased selling prices and improved sales mix of $34.3 million partially offset by a sales volume reduction of $15.8 million.

Jan. 31, 2013 | Earnings Reports

Seneca Foods Reports Net Earnings Increase of $24.1 Million for the Nine Months Ended December 29, 2012

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported net earnings for the fiscal nine months ended December 29, 2012 of $37.5 million, or $3.19 per diluted share, compared to $13.4 million, or $1.10 per diluted share for the same period in the prior year. In the first nine months of fiscal 2013, net sales increased $14.0 million, or 1.4% to $1,001.4 million. The increase is attributable to higher selling prices and a more favorable sales mix of $32.0 million partially offset by a sales volume decrease of $18.0 million.

Jan. 15, 2013 | Earnings Reports

Seneca Foods Completes the Acquisition of Independent Foods LLC

Seneca Foods Corporation (the “Company”) (NASDAQ: SENEA, SENEB) announced today that it completed the acquisition of Independent Foods, LLC. This business, based in Sunnyside, Washington, is a processor of canned pears, apples and cherries in the United States. Its product suite is sold via branded and private label items to the retail, foodservice and industrial markets.

Dec. 17, 2012 | Earnings Reports

Seneca Foods Goes BPA Non-Intent

 Seneca Foods will become the first major processor to convert to BPA non-intent cans. As a self-manufacturer of cans used for the majority of its products, Seneca Foods has been working since 2009 to develop alternatives to epoxy-based can linings, of which BPA is a component. Significant progress has been made toward this objective, and we are now pleased to announce that effective with the 2013 pack, the great majority of Seneca products sold in the U.S. will be packed in BPA non-intent containers.

Nov. 8, 2012 | Corporate

Seneca Foods Corporation Signs Memorandum of Understanding to Acquire Independent Foods, LLC

Seneca Foods Corporation (SENEA, SENEB), Underwood Fruit and Warehouse Company LLC, Independent Foods Processors Corporation, and Mt. Adams Orchards Corporation are pleased to announce that they have signed a Memorandum of Understanding contemplating an acquisition by Seneca Foods of the ownership interest of Independent Foods, LLC. The completion of the transaction is subject to the negotiation and execution of a definitive agreement between the parties, customary closing conditions, including regulatory, shareholder and lender approvals and satisfactory completion of due diligence.

Oct. 25, 2012 | Earnings Reports

Seneca Foods Reports Net Earnings Increase of $11.6 Million for the Second Fiscal Quarter of 2013

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported net earnings for the fiscal second quarter of 2013 of $14.5 million, or $1.22 per diluted share, compared to $2.9 million, or $0.24 per diluted share, in the fiscal second quarter of 2012. Net sales for the second quarter ended September 29, 2012 increased from the second quarter ended October 1, 2011 by 12.3%, or $34.9 million to $317.6 million. The increase is attributable to more favorable sales mix and higher selling prices of $23.7 million and a sales volume increase of $11.2 million.

Aug. 3, 2012 | Earnings Reports

Seneca Foods Reports Net Earnings Increase of $16.2 Million for the First Fiscal Quarter of 2013

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported net earnings for the fiscal first quarter of 2013 of $8.2 million, or $0.67 per diluted share, compared to a loss of $8.0 million, or $(0.66) per diluted share, in the fiscal first quarter of 2012. Net sales for the first quarter ended June 30, 2012 decreased from the first quarter ended July 2, 2011 by 10.4%, or $26.8 million to $231.0 million. The decrease is attributable to a sales volume decrease of $57.3 million partially offset by higher selling prices and a more favorable sales mix of $30.5 million.

Jun. 8, 2012 | Earnings Reports

Seneca Foods Reports Earnings of $11.3 Million or $0.92 per Diluted Share for Fiscal Year 2012

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net earnings for the fiscal year ended March 31, 2012 decreased 36.3% to $11.3 million, or $0.92 per diluted share, compared to $17.7 million, or $1.45 per diluted share, in the fiscal year ended March 31, 2011. Net sales for the fiscal year ended March 31, 2012 increased from the fiscal year ended March 31, 2011 by 5.6%, to $1,261.8 million. The increase is attributable to increased selling prices and improved sales mix of $133.3 million partially offset by a sales volume reduction of $66.1 million.

Dec. 22, 2011 | Corporate

Seneca Foods to Present at the 14th Annual ICR XChange Conference

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) a leading nationwide producer of canned fruits and vegetables, today announced that the Company will be presenting at the 14th Annual ICR XChange Conference to be held at the Fontainebleau Hotel in Miami, F.L. on Thursday, January 12, 2012 at 1:10 pm ET. Investors and interested parties may listen to the live webcast of this presentation. To access the webcast, please visit www.senecafoods.com and click on “Company Profile” and then “Investor Information” at the appropriate time.

Oct. 27, 2011 | Earnings Reports

Seneca Foods Reports Net Earnings of $2.9 Million Up 2.6% for the Second Fiscal Quarter of 2012

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net earnings for the fiscal second quarter of 2012 was $2.9 million, or $0.24 per diluted share, compared to $2.8 million, or $0.23 per diluted share, in the fiscal second quarter of 2011. Net sales for the second quarter ended October 1, 2011 increased from the second quarter ended October 2, 2010 by 3.0%, to $283.6 million. The increase is attributable to higher selling prices and a more favorable sales mix of $24.5 million partially offset by decreased sales volume of $16.4 million.

Oct. 14, 2011 | Earnings Reports

Seneca Foods Corporation Announces Second Quarter Earnings Teleconference

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) will release its second quarter fiscal 2012 earnings for the period ended October 1, 2011 on Thursday, October 27, 2011. In conjunction with this release, Seneca will host a conference call on Friday, October 28, 2011 beginning at 8:00 a.m. EDT. Kraig Kayser, President and CEO, and Roland Breunig, CFO, will host the call.

Aug. 3, 2011 | Earnings Reports

Seneca Foods Reports Net Sales of $259.1 Million Up 17.8% for the First Fiscal Quarter of 2012

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net sales for the first quarter ended July 2, 2011 increased from the first quarter ended July 3, 2010 by 17.8%, to $259.1 million. The increase is attributable to increased sales volume of $42.8 million partially offset by lower selling prices and a less favorable sales mix of $3.7 million. Net loss for the fiscal first quarter of 2012 was $8.0 million, or $0.66 per diluted share, compared to earnings of $5.3 million, or $0.43 per diluted share, in the fiscal first quarter of 2011.

Jul. 22, 2011 | Earnings Reports

Seneca Foods and Allens, Inc. Sign Memorandum of Understanding to Merge

Seneca Foods Corporation (SENEA, SENEB) and Allens, Inc. are pleased to announce that they have signed a Memorandum of Understanding contemplating a merger of the two companies in a stock for stock transaction. The completion of the transaction is subject to the negotiation and execution of a definitive agreement between the two parties, customary closing conditions, including regulatory, shareholder and lender approvals and satisfactory completion of due diligence. Terms of the deal were not disclosed.

May. 26, 2011 | Earnings Reports

Seneca Foods Reports Earnings of $17.7 Million or $1.45 per Diluted Share for Fiscal Year 2011

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net earnings for the fiscal year ended March 31, 2011 decreased 63.5% to $17.7 million, or $1.45 per diluted share, compared to $48.4 million, or $3.96 per diluted share, in the fiscal year ended March 31, 2010. Net sales for the fiscal year ended March 31, 2011 decreased from the fiscal year ended March 31, 2010 by 6.7%, to $1,194.6 million. The decrease is attributable to decreased selling prices and a less favorable sales mix of $59.2 million and lower sales volume of $26.3 million.

Feb. 25, 2011 | Corporate

Seneca Foods to Present at KeyBanc Capital Markets 2011 Consumer Conference

Seneca Foods Corporation (NASDAQ: SENEA, SENEB), a leading nationwide producer of canned fruits and vegetables, today announced that the Company will be presenting at the upcoming KeyBanc Capital Markets 2011 Consumer Conference to be held at the InterContinental New York Barclay Hotel on Wednesday, March 2, 2011 at 3:00 pm ET.

Jan. 27, 2011 | Earnings Reports

Seneca Foods Reports Earnings of $11.5 Million or $0.94 per Diluted Share for the Fiscal Third Quarter of 2011

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported that net sales for the third quarter ended January 1, 2011 decreased from the third quarter ended December 26, 2009 by 0.2%, to $446.3 million. The decrease is attributable to decreased selling prices and a less favorable sales mix of $16.7 million mostly offset by increased sales volume of $16.0 million. Net earnings for the fiscal third quarter of 2011 decreased 38% to $11.5 million, or $0.94 per diluted share, compared to $18.6 million, or $1.52 per diluted share, in the fiscal third quarter of 2010.

Jan. 14, 2011 | Earnings Reports

Seneca Foods Corporation Announces Third Quarter Earnings Teleconference

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) will release its third quarter fiscal 2011 earnings for the period ended January 1, 2011 on Thursday, January 27, 2011. In conjunction with this release, Seneca will host a conference call on Friday, January 28, 2011 beginning at 8:00 a.m. EST. Kraig Kayser, President and CEO, and Roland Breunig, CFO, will host the call.

Dec. 23, 2010 | Corporate

Seneca Foods Corporation Retains ICR for Investor Relations Services

Seneca Foods Corporation (NASDAQ: SENEA, SENEB), a leading nationwide producer of canned fruits and vegetables, today announced that it has retained ICR, a leading investor relations and strategic advisory firm, to assist in the Company's shareholder communications program. ICR, founded in 1998 by a group of former institutional capital markets professionals, is headquartered in Westport, Connecticut, with additional offices in New York City, Los Angeles, Boston, Chicago, Minneapolis, Beijing, and Shanghai.

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