Seneca Foods Corporation has announced that its net sales reached US$460 million in the second quarter of 2025, an increase of 8.1% compared to the same period of the previous year (US$425.5 million). In the first six months, sales totaled US$757.5 million, compared to US$730.2 million in 2024. Net earnings for the quarter were US$29.7 million, with a gross margin of 13.4%, while basic earnings per share reached US$4.33.
The growth is mainly attributed to higher sales volumes, as well as a positive effect of prices and product mix. This year’s harvest was almost in line with the budget, which allowed normalizing costs and inventory levels to meet customer demand.
Paul Palmby, president and CEO of Seneca Foods, has stated that the results reflect “both the strength of our volumes and the efficiency of our operations. Although the FIFO margin was slightly lower than last year due to the use of higher cost inventory from 2024, our net earnings exceeded expectations.”
Seneca Foods is one of the leading suppliers of packaged fruits and vegetables in North America, with products from more than 1,100 U.S. farms and distributed in approximately 55 countries. Its brands include Libby’s®, Green Giant®, Aunt Nellie’s®, Green Valley®, CherryMan®, READ® and Seneca, including Seneca snacks. The company is listed on Nasdaq under the symbols SENEA and SENEB.
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