Seneca Foods Sees Q4 Sales Jump, Cuts Debt

Fiscal year fourth-quarter sales at Seneca Foods Corp. were up, driven in part by growth in sales volumes that included higher selling prices and a favorable mix.

For the quarter ended March 31, net sales were $345.8 million, up from $308 million in the comparable quarter of the previous year. Quarterly net earnings were $601,000, up from a net loss of $2.3 million in the comparable quarter of the prior year.

“We completed a strong fiscal 2025 despite various challenges posed by a rainy growing season, increasing costs, and fluctuating tariffs,” said Paul Palmby, president and CEO of Seneca Foods. “Increased sales volumes and excellent operating cash flow led to a reduction in net debt of $297 million year-over-year. However, in the short term, we continue to see the impact of our high-cost 2024 pack weigh on margins.”

For the full fiscal year, net sales were $1.6 billion, up from $1.5 billion in the prior fiscal year. The year-over-year increase was driven by higher sales volumes, complemented by higher selling prices and favorable mix. Full-year net earnings were $41.2 million, a decrease from net earnings of $63.3 million in the prior fiscal year.