Seneca Foods Corporation (SENEA,SENEB) reported first-quarter net earnings attributable to common stockholders of $7.9 million or $0.67 per share, compared to the net loss of $7.7 million or $0.66 per share in the comparable quarter last year.
Net earnings, excluding LIFO impact, for the quarter was $9.0 million or $0.74 per share, compared the the net loss, excluding LIFO impact, of $3.7 million or $0.31 per share last year.
Net sales for the latest quarter declined 10.4 percent to $231.1 million from $257.8 million last year.
The company attributed the decrease to a sales volume decrease of $57.3 million partially offset by higher selling prices and a more favorable sales mix of $30.5 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.