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.