Seneca Foods Corporation Class A (SENEA)

Seneca Foods Corp.'s shares have increased by 42.2% since the beginning of the year, trading at $112.73. On August 7, 2025, the company reported a slight decrease in net sales year-over-year, but the gross margin improved slightly. Sales disruptions from a key co-pack customer resulted in lower volumes for the quarter, though they anticipate recouping these volumes. Following the Q1 earnings report, the stock gained 1.9% by August 13, 2025. On October 28, 2025, Seneca Foods Corp. received a positive rating change based on Validea's Benjamin Graham strategy, indicating increased interest in the stock based on its fundamentals and valuation.

Demand seasonality for Seneca Foods Corp.'s products is linked to agricultural cycles and growing seasons, as the company processes fresh produce. The company emphasizes supply chain integration to enable consistent product quality and year-round availability. Unfavorable weather in the summer of 2024 resulted in high-cost inventory, and the company anticipates a better growing season in 2025 to lead to more normalized inventory levels and costs.

Seneca Foods Corp. is an American food processor and distributor specializing in shelf-stable fruits, vegetables, and fruit-based products. It operates in the Consumer Staples sector, specifically in the Food Processing and Packaged Foods & Meats industries. The company processes, packages, and sells canned fruits and vegetables, natural fruit juices, applesauces, fruit-based snacks, snack chips, and maraschino cherries under owned and licensed brands like Seneca®, Libby's®, and Green Giant®. Seneca Foods caters to retail and foodservice markets, supplying grocers, restaurant chains, and food manufacturers with branded and private-label products, and engages in contract packing agreements for canned and frozen vegetables.

Seneca Foods Corp. has a significant geographic footprint across North America, with processing plants in New York, Michigan, California, and Canada. The company primarily sources its produce domestically, with 99% of its crops grown in the United States. Seneca Foods serves customers throughout the United States and Canada, and its products are distributed to approximately 55 countries internationally.

Seneca Foods Corp. is dedicated to reducing its environmental footprint through initiatives such as energy-efficient manufacturing processes, waste reduction, and sustainable sourcing practices, and aims to expand its presence in international markets. However, a food recall due to a potential undeclared allergen because of mislabeling was reported on November 21, 2023, which negatively impacted the company's brand reputation.

Institutional investors hold approximately 43% ownership of Seneca Foods Corp. Major institutional owners include Dimensional Fund Advisors Lp, BlackRock, Inc., and Vanguard Group Inc. Insiders collectively hold 8.43% of the company's stock.