Jan. 30, 2009 | Earnings Reports
Seneca Foods Corporation (SENEA, SENEB) is pleased to report an $82.1 million, or 21.5%, increase in third quarter net sales to $463.3 million compared to last year. Net earnings increased to $13.8 million or $1.13 per diluted share compared to $1.5 million or $0.12 per diluted share. Excluding an after-tax LIFO charge of $11.3 million and $5.3 million, net earnings per diluted share was $2.05 and $0.55 during the three months ended December 27, 2008 and December 29, 2007, respectively.