Seneca Foods Corp. - (SENEA) News
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Latest SENEA News From Around the Web
Below are the latest news stories about SENECA FOODS CORP that investors may wish to consider to help them evaluate SENEA as an investment opportunity.
Urgent – Food Recall Because of Potential Undeclared Allergen Due to MislabelSeneca Foods Corp. Seneca Foods Corp. Seneca Foods Corp. Seneca Foods Corp. JANESVILLE, Wis., Nov. 21, 2023 (GLOBE NEWSWIRE) -- As a precautionary measure, Seneca Foods Corporation is announcing a voluntary recall of mislabeled Hy-Vee Turkey gravy in glass jars that actually contains beef gravy. This product could potentially contain a soy allergen which is not declared on the label. Seneca is now retrieving improperly labeled Hy-Vee Turkey Gravy from its distribution system. This recall only af |
Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 30, 2023FAIRPORT, N.Y., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended September 30, 2023. Executive Summary (vs. year-ago, year-to-date results): Net sales for the six months ended September 30, 2023 totaled $706.1 million compared to $705.0 for the six months ended October 1, 2022. The year-over-year increase of $1.1 million was mainly due to higher selling prices partially offset by lower |
B&G Foods sells Green Giant US canned vegetable line to Seneca FoodsThe Crisco and Ortega manufacturer said it continues to explore divesting products that have low margins or cash flow, as well as items that do not fit with its core portfolio. |
Seneca Foods Announces Purchase of Assets Related to the Green Giant U.S. Shelf-Stable BusinessFAIRPORT, N.Y., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) announced today that it has purchased assets related to the Green Giant U.S. shelf-stable business from B&G Foods. In connection with the sale, the Company has entered into a license agreement for use of the Green Giant brand name for Green Giant shelf-stable products. B&G Foods will retain ownership of the Green Giant trademarks. The sale does not include Green Giant frozen, Green Giant Canada or t |
What Makes Seneca Foods Corp. (SENEA) an Attractive Opportunity?Greystone Capital Management, an investment management company, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the return for separate accounts managed by the firm was -11.4%, net of fees compared to S&P 500’s and Russell 2000’s returns of -3.2% and -5.1%, respectively. Client portfolios are […] |
Should You Invest in Seneca Foods Corporation (SENEA)?Alluvial Capital Management, an investment advisory firm, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. The fund fell 1.1% in the quarter compared to the Russell 2000 Index’s -5.2% return and the Russell Microcap Index’s -7.9% return. Alluvial fund is up 11.6%, YTD outperforming both the indexes. During this […] |
With 51% ownership, Seneca Foods Corporation (NASDAQ:SENE.A) boasts of strong institutional backingKey Insights Given the large stake in the stock by institutions, Seneca Foods' stock price might be vulnerable to their... |
Here’s Why LVS Advisory Sold Seneca Foods Corporation (SENEA)?LVS Advisory, a New York City-based full-service investment firm, recently released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. The defensive portfolio of the fund gained 4.4% (net of all fees and expenses) for the nine months ended 2023 compared to a 5.0% gain for its benchmark High-Yield Bond Index. […] |
Those who invested in Seneca Foods (NASDAQ:SENE.A) five years ago are up 81%Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the... |
Seneca Foods Reports Sales and Earnings for the Three Months Ended July 1, 2023FAIRPORT, N.Y., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended July 1, 2023. Executive Summary (vs. year-ago, year-to-date results): Net sales for the first quarter of fiscal 2024 totaled $298.7 million compared to $265.2 for the first quarter of fiscal 2023. The year-over-year increase of $33.5 million was mainly due to higher selling prices partially offset by lower sales volumes.Gross margin as a p |