Seneca Foods Corporation (SENEB)

Seneca Foods Reports Sales and Earnings for the Three Months Ended July 1, 2023

FAIRPORT, N.Y., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended July 1, 2023. Executive Summary (vs. year-ago, year-to-date results): Net sales for the first quarter of fiscal 2024 totaled $298.7 million compared to $265.2 for the first quarter of fiscal 2023. The year-over-year increase of $33.5 million was mainly due to higher selling prices partially offset by lower sales volumes.Gross margin as a p