Seneca Foods (SENEB) 32.50 $SENEB
Seneca Foods Reports Net Earnings of $7.8 Million for the Quarter Ended December 27, 2014
GlobeNewswire - Mon Feb 02, 3:15PM CST
Seneca Foods Corporation (Nasdaq:SENEA) (Nasdaq:SENEB) reported for the third quarter of 2015, net earnings of $7.8 million, or $0.71 per diluted share, compared to net earnings of $6.8 million, or $0.61 per diluted share, in the fiscal third quarter of 2014. Net sales for the third quarter ended December 27, 2014 decreased from the third quarter ended December 28, 2013 by 4.5%, or $21.5 million to $456.2 million. The decrease is attributable to a sales volume decrease of $32.3 million partially offset by favorable sales mix and higher selling prices of $10.8 million. A major portion of the lower sales was due to a $12.4 million reduction in Canned Fruit sales as a result of the second short pack in a row. During the quarter ended December 27, 2014, the Company recorded a gain of $5.0 million related to a contractual payment received in connection with the closing of a Midwest plant which is included in other operating income in the Unaudited Condensed Consolidated Statements of Net Earnings.
SENEB: 32.50 (+0.50), SENEA: 26.58 (+0.21)
Seneca Foods Reports Net Loss of $0.6 Million for the Quarter Ended September 27, 2014
GlobeNewswire - Thu Oct 23, 3:16PM CDT
Seneca Foods Corporation (Nasdaq:SENEA) (Nasdaq:SENEB) reported for the second quarter of 2015, a net loss of $0.6 million, or $(0.05) per diluted share, compared to net earnings of $6.6 million, or $0.59 per diluted share, in the fiscal second quarter of 2014. Net sales for the second quarter ended September 27, 2014 decreased from the second quarter ended September 28, 2013 by 7.3%, or $24.5 million to $312.2 million. The decrease is attributable to a sales volume decrease of $36.0 million partially offset by favorable sales mix and higher selling prices of $11.5 million. A major portion of the lower sales was due to a timing issue. This year's sale of certain commodities under the General Mills Alliance fell in third quarter, versus the second quarter last year, due to cooler weather conditions.
GIS: 52.48 (-0.45), SENEB: 32.50 (+0.50), SENEA: 26.58 (+0.21)
Seneca Foods Reports Net Sales Increase of $7.9 Million for the Quarter Ended June 28, 2014
GlobeNewswire - Wed Aug 06, 3:51PM CDT
Seneca Foods Corporation (Nasdaq:SENEA) (Nasdaq:SENEB) reported for the first quarter of 2015, a net loss of $0.1 million, or $(0.01) per diluted share, compared to net earnings of $1.3 million, or $0.12 per diluted share, in the fiscal first quarter of 2014. Net sales for the first quarter ended June 28, 2014 increased from the first quarter ended June 29, 2013 by 3.4%, or $7.9 million to $240.0 million. The increase is attributable to favorable sales mix and higher selling prices of $10.0 million partially offset by a sales volume decrease of $2.1 million.
SENEB: 32.50 (+0.50), SENEA: 26.58 (+0.21)
Seneca Foods Reports Net Earnings of $7.8 Million for the Quarter Ended December 27, 2014
GlobeNewswire - Mon Feb 02, 3:15PM CST
Seneca Foods Corporation (Nasdaq:SENEA) (Nasdaq:SENEB) reported for the third quarter of 2015, net earnings of $7.8 million, or $0.71 per diluted share, compared to net earnings of $6.8 million, or $0.61 per diluted share, in the fiscal third quarter of 2014. Net sales for the third quarter ended December 27, 2014 decreased from the third quarter ended December 28, 2013 by 4.5%, or $21.5 million to $456.2 million. The decrease is attributable to a sales volume decrease of $32.3 million partially offset by favorable sales mix and higher selling prices of $10.8 million. A major portion of the lower sales was due to a $12.4 million reduction in Canned Fruit sales as a result of the second short pack in a row. During the quarter ended December 27, 2014, the Company recorded a gain of $5.0 million related to a contractual payment received in connection with the closing of a Midwest plant which is included in other operating income in the Unaudited Condensed Consolidated Statements of Net Earnings.
SENEB: 32.50 (+0.50), SENEA: 26.58 (+0.21)
Seneca Foods Reports Net Loss of $0.6 Million for the Quarter Ended September 27, 2014
GlobeNewswire - Thu Oct 23, 3:16PM CDT
Seneca Foods Corporation (Nasdaq:SENEA) (Nasdaq:SENEB) reported for the second quarter of 2015, a net loss of $0.6 million, or $(0.05) per diluted share, compared to net earnings of $6.6 million, or $0.59 per diluted share, in the fiscal second quarter of 2014. Net sales for the second quarter ended September 27, 2014 decreased from the second quarter ended September 28, 2013 by 7.3%, or $24.5 million to $312.2 million. The decrease is attributable to a sales volume decrease of $36.0 million partially offset by favorable sales mix and higher selling prices of $11.5 million. A major portion of the lower sales was due to a timing issue. This year's sale of certain commodities under the General Mills Alliance fell in third quarter, versus the second quarter last year, due to cooler weather conditions.
GIS: 52.48 (-0.45), SENEB: 32.50 (+0.50), SENEA: 26.58 (+0.21)
Seneca Foods Reports Net Sales Increase of $7.9 Million for the Quarter Ended June 28, 2014
GlobeNewswire - Wed Aug 06, 3:51PM CDT
Seneca Foods Corporation (Nasdaq:SENEA) (Nasdaq:SENEB) reported for the first quarter of 2015, a net loss of $0.1 million, or $(0.01) per diluted share, compared to net earnings of $1.3 million, or $0.12 per diluted share, in the fiscal first quarter of 2014. Net sales for the first quarter ended June 28, 2014 increased from the first quarter ended June 29, 2013 by 3.4%, or $7.9 million to $240.0 million. The increase is attributable to favorable sales mix and higher selling prices of $10.0 million partially offset by a sales volume decrease of $2.1 million.
SENEB: 32.50 (+0.50), SENEA: 26.58 (+0.21)
