Jun. 11, 2026 | Earnings Reports
FAIRPORT, N.Y. June 11, 2026 -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for
the fourth quarter and twelve months ended March 31, 2026.
Executive Summary (vs. year-ago, year-to-date results):
- Net sales for the twelve months ended March 31, 2026 totaled $1,659.7 million compared to $1,578.9 million for the twelve
months ended March 31, 2025. The year-over-year increase of $80.8 million was due to higher sales volume, complemented
by higher selling prices and product mix. - Gross margin as a percentage of net sales is 13.9% for the twelve months ended March 31, 2026, as compared to 9.5% for
the twelve months ended March 31, 2025.
“We completed fiscal 2026 with increases in unit volume as well as improving gross margins driven by more normalized pack costs
in calendar 2025. Furthermore, we are pleased to report record full-year FIFO diluted EPS of $14.15,” stated Paul Palmby, President
and Chief Executive Officer of Seneca Foods. “Additionally, we are thrilled with our acquisition of the U.S. Green Giant Frozen
business. Not only does this transaction reunite this iconic canned and frozen brand, but it significantly increases our footprint and
scale in the frozen category.”
View full press release here