Company: SENEA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025429
Chunk: 30

Company: Seneca Foods Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 30
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 to our customers. However, increases in the prices we charge our customers may lag behind rising input costs. Competitive pressures and pricing methodologies employed in the various sales channels in which we compete may also limit our ability to raise prices in response to rising costs. To the extent we are unable to avoid or offset any present or future cost increases, our operating results could be materially adversely affected.

Results of Operations 

Net Sales:

The following table presents net sales by product category (in thousands):

			Three Months Ended

			June 28,

			June 29,

			2025

			2024

			Canned vegetables

			$
			247,351

			$
			253,749

			Frozen vegetables

			22,937

			25,334

			Fruit products

			18,050

			18,841

			Snack products

			3,555

			2,865

			Other

			5,565

			3,938

			Total

			$
			297,458

			$
			304,727

Three Months Ended June 28, 2025 and June 29, 2024

Net sales totaled $297.5 million for the three months ended June 28, 2025 as compared with $304.7 million for the three months ended June 29, 2024. The overall net sales decrease of $7.2 million, or 2.4%, was driven by lower sales volumes contributing a decrease of $13.6 million, partially offset by higher selling prices and the impact of product mix which contributed a favorable $6.4 million as compared to the prior year quarter.

Net sales of canned vegetables and frozen vegetables decreased by a combined $8.8 million over the prior year quarter. The categories experienced a decrease in sales volume equating to $14.2 million, which was partially offset by $5.4 million from higher pricing. Net sales in the fruit products category decreased $0.8 million largely driven by lower selling prices and product mix. The snack products category contributed a net sales increase of $0.7 million mainly due to higher sales volume. Lastly, net sales attributable to the other category increased $1.6 million as compared to the prior year quarter for seed, cans and ends, and outside revenue from aircraft operations, which are ancillary to the Company’s main operations.

16

Operating Income:

The