Seneca Foods Reports Sales and Earnings for the Nine Months Ended December 31, 2022
Seneca Foods Reports Sales and Earnings for the Nine Months Ended December 31, …Feb. 8, 2023 |
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