FAIRPORT, N.Y. — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the fiscal quarter ending March 31, 2025 rose more than 12 percent to $345.8 million from $308 million in the same quarter a year ago. The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities […]
FAIRPORT, N.Y. — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the fiscal quarter ending March 31, 2025 rose more than 12 percent to $345.8 million from $308 million in the same quarter a year ago.
The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva and Penn Yan — said the increase was primarily driven by higher sales volumes, complemented by higher selling prices and a favorable product mix.
Seneca Foods’ gross margin as a percentage of net sales was 4.5 percent for the three months ending March 31, down from a gross margin of 6.7 percent for the three months ending March 31, 2024, according to the company’s earnings report issued on June 12.
Seneca Foods says it is one of North America’s leading providers of packaged fruits and vegetables. Its products are primarily sourced from more than 1,100 American farms and are distributed to about 55 countries. The firm’s corporate office is in Fairport, near Rochester. Seneca says it 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 brands of Libby’s, Green Giant, Aunt Nellie’s, Green Valley, CherryMan, READ, and Seneca.
Seneca Foods’ stock has been on a roll this year. Through June 27, the company’s stock price was up more than 28 percent year to date and up over 75 percent for the last 12 months.
