Seneca Foods FY27 Q1 net earnings rise 31.1% to $19.51 million; net sales climb 36.2% to $405.17 million
Reuters2026/08/06 21:09- Seneca Foods posted net earnings of $19.51 million for the quarter ended June 27, 2026, up 31.07% from a year earlier.
- Net sales rose 36.2% to $405.17 million, driven by a $96.8 million lift from higher volumes.
- Operating income climbed to $26.33 million, though operating margin narrowed 1.3 percentage points to 6.5%.
- Gross margin fell 2.3 percentage points to 11.8% as the LIFO credit shrank to $3.05 million.
- Cash and cash equivalents ended the quarter at $86.92 million; operating cash flow increased to $109.06 million.
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