SENEB

FAIRPORT, N.Y., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the third quarter and nine months ended December 27, 2025. Executive Summary (vs. year-ago, year-to-date results): Net sales for the nine months ended December 27, 2025 totaled $1,265.8 million compared to $1,233.0 million for the nine months ended December 28, 2024. The year-over-year increase of $32.8 million was driven by higher sales volume and the impact of higher selling prices and product mix. Gross margin as a percentage of net sales is 14.8% for the nine months ended December 27, 2025, as compared to 10.9% for the nine months ended December 28, 2024. “The third quarter delivered record sales and near-record FIFO profitability, driven by an excellent holiday selling season and more normalized costs following a poor 2024 harvest season,” stated Paul Palmby, President and Chief Executive Officer of Seneca Foods Corporation. “Strong operating results and necessary reductions in working capital have driven robust cash flow and continued decreases in net debt.” Executive Summary (vs. year-ago, third quarter results): Net sales for the third quarter of fiscal 2026 totaled $508.3 million compared to $502.9 million for the third quarter of fiscal 2025. The year-over-year increase of $5.4 million was driven by the impact of selling prices and product mix, partially offset by lower sales volume. Gross margin as a percentage of net sales is 16.4% for the three months ended December 27, 2025, as compared to 9.8% for the three months ended December 28, 2024. About Seneca Foods Corporation Seneca Foods is one of North America’s leading providers of packaged fruits and vegetables, with facilities located throughout the United States. Its high quality products are primarily sourced from more than 1,100 American farms and are distributed to approximately 55 countries. Seneca holds a large share of the market for retail private label, food service, restaurant chains, international, contracting packaging, industrial, chips and cherry products. Products are also sold under the highly regarded brands of Libby’s®, Green Giant®, Aunt Nellie’s®, Green Valley®, CherryMan®, READ®, and Seneca labels, including Seneca snack chips. Seneca’s common stock is traded on the Nasdaq Global Select Market under the symbols “SENEA” and “SENEB”. SENEA is...

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Seneca Foods (NASDAQ:SENE.A). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That means EPS growth is considered a real positive by most successful long-term investors. It certainly is nice to see that Seneca Foods has managed to grow EPS by 20% per year over three years. As a general rule, we'd say that if a company can keep up that sort of growth, shareholders will be beaming. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. EBIT margins for Seneca Foods remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 8.3% to US$1.6b. That's a real positive. In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart. Check out our latest analysis for Seneca Foods While it's always good to see growing profits, you should always remember that a weak balance sheet could come back to bite. So check Seneca Foods' balance sheet strength, before getting too excited. It should give investors a sense of security owning shares in a company if insiders also own shares, creating a close alignment their interests....

FAIRPORT, N.Y., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended September 27, 2025. Executive Summary (vs. year-ago, year-to-date results): Net sales for the six months ended September 27, 2025 totaled $757.5 million compared to $730.2 million for the six months ended September 28, 2024. The year-over-year increase of $27.3 million was driven by higher sales volumes and the impact of selling prices and product mix. Gross margin as a percentage of net sales is 13.7% for the six months ended September 27, 2025, as compared to 11.7% for the six months ended September 28, 2024. “We are very pleased with our unit volumes and net sales for the quarter, up 10.2% and 8.1%, respectively. We are also enjoying a near budget harvest for most crops this year, a welcome change from last year’s poor crop, and delivering more normalized costs and inventory levels in order to support customer demand,” stated Paul Palmby, President and Chief Executive Officer of Seneca Foods Corporation. “Net earnings were better than we had budgeted but FIFO gross margin was slightly lower than last year, reflecting continued sell-through of the higher cost 2024 inventory.” Executive Summary (vs. year-ago, second quarter results): Net sales for the second quarter of fiscal 2026 totaled $460.0 million compared to $425.5 million for the second quarter of fiscal 2025. The year-over-year increase of $34.5 million was driven by higher sales volumes and the impact of selling prices and product mix. Gross margin as a percentage of net sales is 13.4% for the three months ended September 27, 2025, as compared to 10.1% for the three months ended September 28, 2024. About Seneca Foods Corporation Seneca Foods is one of North America’s leading providers of packaged fruits and vegetables, with facilities located throughout the United States. Its high quality products are primarily sourced from more than 1,100 American farms and are distributed to approximately 55 countries. Seneca holds a large share of the market for retail private label, food service, restaurant chains, international, contracting packaging, industrial, chips and cherry products. Products are also sold under the highly regarded brands of Libby’s®, Green Giant®, Aunt Nellie’s®, Green Valley®, CherryMan®, READ®, and Seneca label...

Explore Seneca Foods's Fair Values from the Community and select yours Soft earnings didn't appear to concern Seneca Foods Corporation's (NASDAQ:SENE.A) shareholders over the last week. Our analysis suggests that while the profits are soft, the foundations of the business are strong. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the accrual ratio. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. You could think of the accrual ratio from cashflow as the 'non-FCF profit ratio'. That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. That's because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. Seneca Foods has an accrual ratio of -0.25 for the year to June 2025. That implies it has very good cash conversion, and that its earnings in the last year actually significantly understate its free cash flow. To wit, it produced free cash flow of US$302m during the period, dwarfing its reported profit of US$43.4m. Given that Seneca Foods had negative free cash flow in the prior corresponding period, the trailing twelve month resul of US$302m would seem to be a step in the right direction. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Seneca Foods. Happily for shareholders, Seneca Foods produced plenty of free cash flow to back up its statutory profit numbers. Based on this observation, we consider it possible that Seneca Foods' statutory profit actually understates its earnings potential! And the EPS is up 43% annually, over the last three years. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So while earnings quality is important, it's equally important to consider the risks facing Seneca Foods at this point in time. Case in point: We've spotte...

FAIRPORT, N.Y., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended June 28, 2025. Executive Summary (vs. year-ago, year-to-date results): Net sales for the first quarter of fiscal 2026 totaled $297.5 million compared to $304.7 million for the first quarter of fiscal 2025. The year-over-year decrease of $7.2 million was driven by lower sales volumes, partially offset by higher selling prices and the impact of product mix. Gross margin as a percentage of net sales is 14.1% for the three months ended June 28, 2025, as compared to 14.0% for the three months ended June 29, 2024. “Despite some headwinds in the first quarter, including high-cost 2024 inventory as a result of unfavorable weather last summer, we are very pleased with our results and have made good progress selling through the 2024 pack,” stated Paul Palmby, President and Chief Executive Officer of Seneca Foods Corporation. “We also experienced sales disruptions from a key co-pack customer that resulted in lower volumes in the quarter, which we expect to recoup going forward under this contractual relationship. The 2025 pack is well underway, and we are optimistic that a better growing season will lead to more normalized inventory levels and costs.” About Seneca Foods Corporation Seneca Foods is one of North America’s leading providers of packaged fruits and vegetables, with facilities located throughout the United States. Its high quality products are primarily sourced from more than 1,100 American farms and are distributed to approximately 55 countries. Seneca holds a large share of the market for retail private label, food service, restaurant chains, international, contracting packaging, industrial, chips and cherry products. Products are also sold under the highly regarded brands of Libby’s®, Green Giant®, Aunt Nellie’s®, Green Valley®, CherryMan®, READ®, and Seneca labels, including Seneca snack chips. Seneca’s common stock is traded on the Nasdaq Global Select Market under the symbols “SENEA” and “SENEB”. SENEA is included in the S&P SmallCap 600, Russell 2000 and Russell 3000 indices. Non-GAAP Financial Measures Adjusted net earnings excludes the non-cash charges related to the last-in, first-out (LIFO) inventory valuation method, net of applicable income taxes. The Company believes this non-GAAP financi...

Revenue: US$1.58b (up 8.2% from FY 2024). Net income: US$41.2m (down 35% from FY 2024). Profit margin: 2.6% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. EPS: US$5.96 (down from US$8.64 in FY 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Seneca Foods shares are down 4.5% from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Seneca Foods (at least 2 which are significant), and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Seneca Foods (SENEA) reported fiscal Q4 earnings late Thursday of $0.09 per diluted share, swinging

FAIRPORT, N.Y. (AP) — FAIRPORT, N.Y. (AP) — Seneca Foods Corp. (SENEA) on Thursday reported earnings of $601,000 in its fiscal fourth quarter. The Fairport, New York-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring costs, were $1.37 per share. The fruit and vegetable company posted revenue of $345.8 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SENEA at https://www.zacks.com/ap/SENEA

FAIRPORT, N.Y., June 12, 2025 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2025. Executive Summary (vs. year-ago, year-to-date results): Net sales for the twelve months ended March 31, 2025 totaled $1,578.9 million compared to $1,458.6 million for the twelve months ended March 31, 2024. The year-over-year increase of $120.3 million was driven by higher sales volumes, complemented by higher selling prices and favorable mix. Gross margin as a percentage of net sales is 9.5% for the twelve months ended March 31, 2025, as compared to 12.9% for the twelve months ended March 31, 2024. “We completed a strong fiscal 2025 despite various challenges posed by a rainy growing season, increasing costs, and fluctuating tariffs,” stated Paul Palmby, President and Chief Executive Officer of Seneca Foods. “Increased sales volumes and excellent operating cash flow led to a reduction in net debt of $297M year-over-year. However, in the short-term we continue to see the impact of our high-cost 2024 pack weigh on margins.” Executive Summary (vs. year-ago, fourth quarter results): Net sales for the fourth quarter of fiscal 2025 totaled $345.8 million compared to $308.0 million for the fourth quarter of fiscal 2024. The year-over-year increase of $37.8 million was driven by higher sales volumes, complemented by higher selling prices and favorable mix. Gross margin as a percentage of net sales is 4.5% for the three months ended March 31, 2025, as compared to 6.7% for the three months ended March 31, 2024. About Seneca Foods Corporation Seneca Foods is one of North America’s leading providers of packaged fruits and vegetables, with facilities located throughout the United States. Its high quality products are primarily sourced from more than 1,100 American farms and are distributed to approximately 55 countries. Seneca holds a large share of the market for retail private label, food service, restaurant chains, international, contracting packaging, industrial, chips and cherry products. Products are also sold under the highly regarded brands of Libby’s®, Green Giant®, Aunt Nellie’s®, Green Valley®, CherryMan®, READ®, and Seneca labels, including Seneca snack chips. Seneca’s common stock is traded on the Nasdaq Global Select Market under the symbols “SENEA” and “SENEB”. SE...