Earnings Reports

Seneca Foods Corporation reported net sales of $845,080,000 for the nine months ended December 29, 2007, versus $822,677,000 for the comparable period last year. The year to date net earnings were $19,473,000 or $1.59 per diluted share, compared with $23,504,000 or $1.93 per diluted share, last year. Prior year-to-date pre-tax results included other income of $5,159,000 ($3,209,000 after tax) which represented a net gain on the sale of five previously closed facilities.

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Seneca Foods Corporation reported net sales for the fiscal year ended March 31, 2008 of $ 1,080,724,000 versus $1,024,853,000 for the prior year. The current year's net earnings were $8,019,000 or $0.65 per diluted share, compared with $32,067,000 or $2.63 per diluted share, last year. These results reflect the Company's decision to implement the LIFO (last-in, first-out) inventory valuation method effective December 30, 2007 (fourth quarter).

Seneca Foods Corporation repmted net sales for the first quarter ended June 28, 2008 of $216,713,000 versus $189,442,000 for the prior year. Increased sales volume accounted for $15,290,000 of this increase, while increased selling prices/improved sales mix represented $11,981,000 of the increase. The increase in sales is primarily due to a $19,260,000 increase in Canned Vegetable sales and a $6,928,000 increase in Fruit sales.

Seneca Foods Corporation (SENEA, SENEB) is pleased to report a 14.9% increase in second quarter net sales to $315.4 million compared to last year. The increase in sales is attributable to increased selling prices/improved sales mix of $43.8 million which were offset, in part, by reduced volume of $2.9 million. Net earnings per diluted share were up 33.3% to $4.4 million or $0.36 per share compared to $3.2 million or $0.26 per share.

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.

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Seneca Foods Corporation (SENEA, SENEB) is pleased to report that net sales increased from last year by $200.0 million, or 18.5%, to $1,280.7 million. The increase in sales is attributable to increased selling prices/improved sales mix of $160.3 million and increased sales volume of $39.7 million. Net earnings increased to $18.8 million, or $1.53 per diluted share, compared to $8.0 million or $0.65 per diluted share in the prior year.

Seneca Foods Corporation (SENEA, SENEB) is pleased to report that net sales increased from last year by $200.0 million, or 18.5%, to $1,280.7 million. The increase in sales is attributable to increased selling prices/improved sales mix of $160.3 million and increased sales volume of $39.7 million. Net earnings increased to $18.8 million, or $1.53 per diluted share, compared to $8.0 million or $0.65 per diluted share in the prior year.

Seneca Foods Corporation (SENEA, SENEB) is pleased to report that first quarter net sales increased from last year by $13.8 million, or 6.4%, to $230.5 million. The increase in sales is attributable to increased selling prices/improved sales mix of $17.6 million partially offset by a sales volume reduction which accounted for $3.8 million. Net earnings increased to $11 .1 million, or $0.91 per diluted share, compared to a loss of $2.1 million or $0.17 per diluted share in the prior year.

Seneca Foods Corporation (SENEA, SENEB) is pleased to report that net sales for the six months ended September 26, 2009 increased from last year by $21.6 million, or 4.1%, to $553.7 million. The increase in sales is attributable to increased selling prices/improved sales mix of $45.8 million partially offset by a sales volume reduction of $24.2 million. Net earnings increased to $23.5 million, or $1.92 per diluted share, compared to $2.3 million or $0.19 per diluted share in the prior year.

Seneca Foods Corporation (NASDAQ: SENEA, SENEB) will release its third quarter fiscal 2010 earnings for the period ended December 26, 2009 on Monday, February 1, 2010. In conjunction with this release, Seneca will host a conference call on Tuesday, February 2 beginning at 1:00 p.m. EST, which will be done telephonically live. Kraig Kayser, President and CEO, and Roland Breunig, CFO, will host the call.

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