Quarterly ResultJun 11, 2026, 04:12 PM
Seneca Foods FY2026 Net Sales $1.66B; Acquires Green Giant Frozen Business
AI Summary
Seneca Foods Corp. filed its annual report on Form 10-K for the fiscal year ended March 31, 2026. The company reported net sales of $1,659,675,000, an increase from the previous year, driven primarily by its canned and frozen vegetable segments. The acquisition of the Green Giant U.S. frozen business was highlighted as a key development. The report also detailed the company's business strategies, market position, risk factors including supply chain and economic conditions, and operational details such as employee numbers and seasonality.
Key Highlights
- Seneca Foods reported net sales of $1,659,675,000 for fiscal year 2026, an increase from $1,578,887,000 in fiscal year 2025.
- Canned vegetables accounted for $1,366,632,000 in net sales for FY2026.
- Frozen vegetables generated $151,183,000 in net sales for FY2026, up from $124,714,000 in FY2025.
- The company acquired the Green Giant U.S. frozen business in fiscal year 2026.
- Seneca Foods employed approximately 2,995 full-time employees and 4,015 seasonal employees as of March 31, 2026.
- The top ten customers represented approximately 56% of net sales for fiscal year 2026.
Price Impact
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