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SENEA's sales increase in fiscal 2025, but rising costs and margin compression drive a steep drop in annual earnings.
FAIRPORT, N.Y., June 12, 2025 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2025.
Seneca Foods is a value play in the packaged produce sector, trading at low multiples due to recent volatility and lumpy financial performance. Revenue and profitability are highly sensitive to commodity price swings, particularly corn and green beans, making results unpredictable year-to-year. While financial results remain mixed and lack stability, the stock is attractively cheap relative to peers, justifying a soft 'buy' rating for value investors.
SENEA posts strong sales growth despite weather challenges. Declining profits and margin pressures weigh on its recent performance.
FAIRPORT, N.Y., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the third quarter and nine months ended December 28, 2024.
Despite weakness in other segments, strength in Seneca Foods' Canned vegetables segment drives its overall topline in the fiscal second quarter.
Strength in the majority of Seneca Foods (SENEA) segments drives its overall topline in the fiscal first quarter.
FAIRPORT, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended June 29, 2024.
Our portfolio is largely unchanged from last quarter, with Net Lease Office Properties still at the top. McBride shares have performed well for us, up about 30% from the level of our initial purchases. Talen will continue to sell off its legacy fossil fuel-burning power generation fleet and return excess capital to shareholders through buybacks.
Discover why Zacks rates Seneca Foods as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore SENEA's strategic market positioning and financial health amid market challenges.