Seneca Foods (SENEA) Q1 Earnings Decline Y/Y, Gross Margin Down

Seneca Foods Corporation (SENEA) reported earnings per share of $1.80 in the first quarter of fiscal 2025, which decreased 40.2% from the year-ago figure of $3.01. Revenues in Detail Seneca Foods registered revenues of $304.7 million in the fiscal first quarter, up 2% year over year. The uptick resulted from higher sales volumes contributing favorability of $11.2 million to net sales, partially offset by product mix and lower selling prices, which had an unfavorable impact of $5.2 million year over year. Se ...