FAIRPORT — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the quarter ending Sept. 28, 2024 rose 4.4 percent to $425.5 million from $407.5 million in the same quarter a year earlier. The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities across the U.S., including […]
FAIRPORT — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the quarter ending Sept. 28, 2024 rose 4.4 percent to $425.5 million from $407.5 million in the same quarter a year earlier.
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 due to higher sales volumes, coupled with product-mix changes and increased selling prices.
Seneca Foods’ gross margin as a percentage of net sales was 10.1 percent for the three months ending Sept. 28, down from a gross margin of 14.3 percent for the three months ending Sept. 30, 2023.
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 1,200 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.
