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Seneca Foods
Seneca Foods (SENE) investor relations material
Seneca Foods Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary5 Feb, 2026
Executive summary
Net sales for the quarter ended December 27, 2025, were $508.3 million, up 1.1% year-over-year, driven by higher selling prices and product mix, partially offset by lower sales volume.
Net earnings for the quarter were $44.8 million, a significant increase from $14.7 million in the prior year quarter.
Gross margin improved to 16.4% from 9.8% year-over-year, aided by a LIFO credit and lower per unit costs.
Operating income rose to $59.97 million from $25.66 million in the prior year quarter.
Financial highlights
Nine-month net sales reached $1.27 billion, up 2.7% year-over-year, with both higher sales volume and improved pricing.
Net earnings for the nine months were $89.4 million, more than double the $40.6 million from the prior year period.
Adjusted net earnings (FIFO basis) for the nine months were $72.7 million, up from $58.0 million year-over-year.
EBITDA for the nine months was $167.2 million, with FIFO EBITDA at $145.1 million.
Interest expense declined due to lower average borrowings and lower rates.
Outlook and guidance
Improved crop yields and less challenging growing conditions contributed to a larger and lower-cost seasonal pack for fiscal 2026.
Management expects existing operations and liquidity sources to satisfy cash requirements for at least the next twelve months.
Quantify LIFO's earnings impact vs prior year
Reconcile operating cash flow decline with higher earnings
Compare seasonal pack cost drivers FY25 vs FY26
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Next Seneca Foods earnings date
Q4 202612 Jun, 2026
Seneca Foods
Next Seneca Foods earnings date
Q4 202612 Jun, 2026
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Frequently asked questions
Seneca Foods Corporation is a U.S.-based company that specializes in providing packaged fruits and vegetables, serving both domestic and international markets. The company offers a broad range of products including canned, frozen, and jarred produce, as well as snack chips. These products are available under private labels and various national and regional brands, such as Seneca, Libby’s, Aunt Nellie’s, and Green Valley. Additionally, Seneca Foods engages in contract packing of canned and frozen vegetables and offers services like can and seed sales, and trucking and aircraft operations. The company is headquartered in Fairport, New York, and its shares are listed on the NASDAQ.
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