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What’s New at Seneca Foods?

Use our newsroom as a source to follow our product announcements, learn about company acquisitions, financial filings and more. We want our stakeholders to be able to access accurate information 24/7.

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Showing 1 - 7 of 100 results

Feb. 10, 2022 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Nine Months Ended January 1, 2022

“The Company delivered a solid performance in the third quarter of fiscal 2022 despite a large LIFO charge to the quarter and year to date being caused by higher input costs. Total net sales are down compared to prior year, which was expected given the 2020 COVID-19 related pantry loading and the Truitt divesture that happened during fiscal 2021. We remain focused on mitigating supply chain, labor and inflation related impacts.” - Paul Palmby, CEO

Nov. 12, 2021 | Corporate

Seneca Foods Names New Director

MARION, N.Y. November 12, 2021 -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced the Board of Directors (the “Board”) of Seneca Foods Corporation (the “Company”) has appointed Kraig H. Kayser as a member of the Board effective November 10, 2021

Nov. 12, 2021 | Earnings Reports

Seneca Foods Reports Sales and Earnings for the Six Months Ended October 2, 2021

“We are pleased with the Company’s performance in the second quarter. A comparative perspective to the prior year remains a challenge given the 2020 COVID-19 pantry loading and the Truitt divestiture that happened in fiscal year 2021. However, as expected, our net sales performance has remained on level to pre-pandemic levels. Quarterly and year-to-date reported earnings were strong even considering a large LIFO charge that is being driven by higher input costs. ” - Paul Palmby, CEO

Aug. 11, 2021 | Earnings Reports

Seneca Foods Reports Results for the First Quarter of Fiscal 2022

"Overall, the first quarter of 2022 was as we expected. A comparison to prior year is difficult as COVID-driven panic buying commenced last year. However, for the first quarter of 2022 we achieved very respectable earnings per common share of $1.56. With the exception of last year, this is our highest first quarter earnings per common share in many years.” - Paul Palmby, CEO

Jun. 11, 2021 | Earnings Reports

Seneca Reports Results for the Quarter and Fiscal Year Ended March 31, 2020

“Fiscal 2021 was a year of contrasts. While increased pandemic demand for our products led to record financial performance, it was overshadowed by the suffering and loss from the virus by many of our employees, their families and our communities. Our results speak for themselves but it was the dedication and hard work of our plant employees who truly made the difference through these difficult times.” - Paul Palmby, Chief Executive Officer

Mar. 10, 2021 | Corporate

Results of Modified Dutch Auction Tender Offer

“We believe our shares are undervalued, and we saw a tender offer as an opportunity to enhance value for our shareholders based upon the then current share price of our common stock,” said Seneca Chief Executive Officer Paul Palmby. “We believe the undersubscribed tender offer is clear evidence that shareholders share our view.”

Showing 1 - 7 of 100 results