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Seneca Foods Corp

For the period ended Jun 29, 2024. Filed Aug 8, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 29, 2024 · Filed Aug 8, 2024

SENEB$148.31-2.5%Stored close · as of Nov 4, 2026

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Condensed Consolidated Statements of Net Earnings (Unaudited)

SENECA FOODS CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF NET EARNINGS

(In thousands, except per share data)

(Unaudited)

Three Months Ended
June 29, 2024July 1, 2023
Net sales$304,727$298,664
Costs and expenses:
Cost of products sold262,036243,375
Selling, general, and administrative expense17,48019,849
Plant restructuring196140
Other operating income, net(428)(197)
Total costs and expenses279,284263,167
Operating income25,44335,497
Other income and expenses:
Other non-operating income(1,403)(1,337)
Interest expense, net10,3456,573
Earnings before income taxes16,50130,261
Income taxes3,8407,150
Net earnings$12,661$23,111
Earnings per share:
Basic$1.82$3.04
Diluted$1.80$3.01
Weighted average common shares outstanding:
Basic6,9627,596
Diluted7,0297,663

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.