Seneca Foods Corp

Seneca Foods Corporation announced that its shareholders approved a five-for-one forward stock split during a Special Shareholders Meeting held on November 4, 2026. The split will also involve a proportional increase in authorized shares and a reduction in the par value of its common stock. Additionally, shareholders approved the removal of Preferred Stock Without Par Value from the company's authorized shares. The meeting saw significant approval for both proposals.

Seneca Foods Corporation held its 2026 Annual Meeting of Shareholders on August 6, 2026. Shareholders approved the election of Peter R. Call, Kraig H. Kayser, and Bruce E. Ware as directors to serve until the 2029 Annual Meeting. Additionally, shareholders approved the advisory resolution for Named Executive Officers' compensation for 2026 and adopted the 2026 Equity Incentive Plan. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year ending March 31, 2027, was also ratified.

Seneca Foods Corporation announced its 2026 Annual Meeting of Shareholders will be held on August 6, 2026, at 1:00 PM Central Daylight Time at the Company's Offices in Janesville, WI. Shareholders of record as of June 12, 2026, are eligible to vote on several key proposals. These include the election of three directors, advisory approval of Named Executive Officer compensation for 2026, and the approval of the 2026 Equity Incentive Plan. Additionally, shareholders will vote to ratify Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2027.

Seneca Foods Corporation announced strong financial results for the fourth quarter and full year ended March 31, 2026. Full-year net sales increased 5.1% to $1.66 billion, driven by higher sales volume, prices, and product mix. Gross margin significantly improved to 13.9% from 9.5% YoY, attributed to normalized pack costs. The company also highlighted the strategic acquisition of the U.S. Green Giant Frozen business, which expands its footprint in the frozen category. Record full-year FIFO diluted EPS of $14.15 were reported.

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.