Seneca Foods operating income nearly triples in latest quarter

MARION —   Seneca Foods Corp. (NASDAQ: SENEA, SENEB) — a Wayne County–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva — reported operating income of $90.6 million in its latest quarter ending Dec. 26. That was up almost three-fold from $33.1 million in the year-ago quarter. Seneca Foods also reported […]

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MARION —   Seneca Foods Corp. (NASDAQ: SENEA, SENEB) — a Wayne County–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva — reported operating income of $90.6 million in its latest quarter ending Dec. 26.

That was up almost three-fold from $33.1 million in the year-ago quarter.

Seneca Foods also reported a more than 23 percent increase in net sales to $484.4 million in the quarter ending Dec. 26. 

Seneca Foods says it holds the largest share of the retail private label, food service, and export canned-vegetable markets, distributing to more than 90 countries. Products are sold under the Libby’s, Aunt Nellie’s, Green Valley, CherryMan, READ, and Seneca labels, including Seneca snack chips.

Journal Staff: