Oct. 27, 2011 | Earnings Reports
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.