Seneca Foods

Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2022

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Friday, June 10, 2022
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MARION, N.Y., June 10, 2022 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2022.

Key Points: 
  • MARION, N.Y., June 10, 2022 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2022.
  • Net sales for the twelve months ended March 31, 2022 totaled $1,385.3 million as compared to $1,467.6 million for the twelve months ended March 31, 2021.
  • Gross margin as a percentage of net sales for the twelve months ended March 31, 2022 was 10.7% as compared to 15.8% for the twelve months ended March 31, 2021.
  • Net earnings for the twelve months ended March 31, 2022 were $51.0 million or $5.79 per diluted share as compared to $126.1 million or $13.72 per diluted share for the twelve months ended March 31, 2021.

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

Retrieved on: 
Friday, November 12, 2021
Truitt, Seneca, Seneca Foods, NASDAQ, Nasdaq, Russell, LIFO, COVID-19, Vegetable, EBITDA, Company, GLOBE, Plant, GAAP, FIFO, Income, Animal, Video game, Pharmaceutical industry

MARION, N.Y., Nov. 12, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended October 2, 2021.

Key Points: 
  • MARION, N.Y., Nov. 12, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended October 2, 2021.
  • Gross margin as a percentage of net sales for the second quarter is 11.5% in 2022 as compared to 12.5% in 2021.
  • Net sales for the six months ended October 2, 2021 totaled $607.3 million compared to $678.5 million for the six months ended September 26, 2020.
  • Gross margin as a percentage of net sales for the six months ended October 2, 2021 is 12.6% as compared to 14.4% for the six months ended September 26, 2020.

Seneca Foods Names New Director

Retrieved on: 
Friday, November 12, 2021
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MARION, N.Y., Nov. 12, 2021 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • MARION, N.Y., Nov. 12, 2021 (GLOBE NEWSWIRE) -- 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.
  • Mr. Kayser is also a director of Moog Inc. where he serves as Chair of the Audit Committee and a member of the Nominating and Governance Committee.
  • Seneca holds the largest share of the retail private label, food service, and export canned vegetable markets, distributing to over 90 countries.
  • Products are also sold under the highly regarded brands of Libbys, Aunt Nellies, Green Valley, CherryMan, READ, and Seneca labels, including Seneca snack chips.

Seneca Foods Reports Sales and Earnings for the Three Months Ended July 3, 2021

Retrieved on: 
Wednesday, August 11, 2021
COVID, NASDAQ, Plant, Nasdaq, GLOBE, Company, Income, GAAP, Seneca, EBITDA, Seneca Foods, FIFO, LIFO, Vegetable, Russell

MARION, N.Y., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended July 3, 2021.

Key Points: 
  • MARION, N.Y., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended July 3, 2021.
  • Net sales for the first quarter of fiscal 2022 totaled $235.0million compared to $288.2 million for the prior quarter.
  • Gross margin as a percentage of net sales is 14.3% in 2022 as compared to 16.9% in 2021.
  • Seneca Foods is one of North Americas leading providers of packaged fruits and vegetables, with facilities located throughout the United States.

Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2021

Retrieved on: 
Friday, June 11, 2021
Seneca Foods

MARION, N.Y., June 11, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2021.

Key Points: 
  • MARION, N.Y., June 11, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2021.
  • Net sales for 2021 totaled $1,467.6million compared to $1,335.8million for the prior year, an increase of $131.8million.
  • Net sales for the quarter were $304.8 million and $307.9 million for the prior year quarter.
  • Gross margin percentage increased from 15.1% for the quarter in 2020 to 18.7% for the quarter in 2021.

South Africa Fruit and Vegetables Preserving and Processing Market Report 2020 with Profiles of Rhodes Food Group, Tiger Consumer Brands, Pioneer Foods, & Clover

Retrieved on: 
Thursday, March 11, 2021
Food and drink, Vegetable, Pioneer Foods, Food, Dried fruit, Juice, Seneca Foods, Horticulture industry

DUBLIN, March 11, 2021 /PRNewswire/ -- The "Preserving and Processing of Fruit and Vegetables in South Africa 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 11, 2021 /PRNewswire/ -- The "Preserving and Processing of Fruit and Vegetables in South Africa 2020" report has been added to ResearchAndMarkets.com's offering.
  • This report focuses on the South African fruit and vegetable processing industry, which includes frozen, canned and dried fruit and vegetables and fruit and vegetable juices.
  • There are profiles of 19 companies including Rhodes Food Group, Tiger Consumer Brands and Pioneer Foods.
  • Preserving and Processing of Fruit and Vegetables:
    South Africa's fruit and vegetable processing industry has been identified as a key driver of inclusive and labour-intensive growth.

Seneca Foods Announces Final Results of Modified Dutch Auction Tender Offer

Retrieved on: 
Wednesday, March 10, 2021
Corporate finance, Seneca Foods, Tender offer, Indigenous peoples of North America, Computershare, Seneca people, Tender, Seneca, Food, Service companies, Companies

MARION, N.Y., March 10, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) (Seneca or the Company), one of North America's leading providers of packaged fruits and vegetables with facilities located throughout the United States, today announced the final results of its modified Dutch auction tender offer, which expired at 6:00 p.m., New York City time, on Tuesday, March 9, 2021.

Key Points: 
  • MARION, N.Y., March 10, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) (Seneca or the Company), one of North America's leading providers of packaged fruits and vegetables with facilities located throughout the United States, today announced the final results of its modified Dutch auction tender offer, which expired at 6:00 p.m., New York City time, on Tuesday, March 9, 2021.
  • We believe the undersubscribed tender offer is clear evidence that shareholders share our view.
  • BofA Securities, Inc. acted as Dealer Manager for the tender offer, Georgeson LLC acted as Information Agent for the tender offer and Computershare Trust Company acted as the Depositary for the tender offer.
  • Seneca Foods is one of North Americas leading providers of packaged fruits and vegetables, with facilities located throughout the United States.

Seneca Foods Reports Sales and Earnings for the Quarter and Nine Months Ended December 26, 2020

Retrieved on: 
Wednesday, February 3, 2021
Seneca Foods, Indigenous peoples of North America, Seneca people, Food, Indigenous peoples of the Americas, First Nations

MARION, N.Y., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the third quarter and nine months ended December 26, 2020.

Key Points: 
  • MARION, N.Y., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the third quarter and nine months ended December 26, 2020.
  • Gross margin percentage increased from 13.3% to 16.0% as compared to the prior year three months due to higher selling prices and higher sales volume in the third quarter of 2021.
  • Our results for the quarter reflect the gain on sale of our prepared foods business as well as continued strong sales in our core business.
  • Seneca Foods is one of North Americas leading providers of packaged fruits and vegetables, with facilities located throughout the United States.

Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 26, 2020

Retrieved on: 
Wednesday, November 4, 2020
Seneca Foods, Indigenous peoples of North America, Seneca people, Food, NASDAQ, Seneca, States of the United States, Indigenous peoples of the Americas

MARION, N.Y., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended September 26, 2020.

Key Points: 
  • MARION, N.Y., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended September 26, 2020.
  • Gross margin percentage increased from 6.5% to 12.5% as compared to the prior year three months due to higher selling prices and higher sales volume in the second quarter of 2021.
  • Strong demand driven by our customers anticipated consumer pantry loading due to COVID-19 continues to help drive sales and net income.
  • Seneca Foods is one of North Americas leading providers of packaged fruits and vegetables, with facilities located throughout the United States.

South Africa Fruit and Vegetables Preserving and Processing Market Report 2020 with Profiles of Rhodes Food, Tiger Consumer Brands and Pioneer Foods - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 20, 2020
Food, Beverage, Retail, Food and drink, Vegetable, Pioneer Foods, Food, Juice, Articles, Seneca Foods, Horticulture industry

The "Preserving and Processing of Fruit and Vegetables in South Africa 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Preserving and Processing of Fruit and Vegetables in South Africa 2020" report has been added to ResearchAndMarkets.com's offering.
  • This report focuses on the South African fruit and vegetable processing industry, which includes frozen, canned and dried fruit and vegetables and fruit and vegetable juices.
  • There are profiles of 19 companies including Rhodes Food Group, Tiger Consumer Brands and Pioneer Foods.
  • Preserving and Processing of Fruit and Vegetables: South Africa's fruit and vegetable processing industry has been identified as a key driver of inclusive and labour-intensive growth.