Seneca Foods (SENEA) Q4 Earnings Improve Y/Y, Gross Margin Up

Full-year earnings per share was $8.56, up 637.9% compared with the fiscal 2023 period. The decline in quarterly revenues resulted primarily due to lower sales volumes, which were partially offset by higher selling prices. For fiscal 2024, Seneca Foods' domestic sales amounted to $1.37 billion, down 2.4% from the comparable fiscal 2023 period. Seneca Foods' operations consist of two reportable food packaging segments — Vegetable and Fruit/Snack. The Other category comprises non-food operations, including re ...