Seneca Foods Corp

For the period ended Jun 27, 2026. Filed Aug 6, 2026.

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 27, 2026 · Filed Aug 6, 2026

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

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Contents

Seneca Foods Corporation

Quarterly Report on Form 10-Q

Table of Contents

PART I. FINANCIAL INFORMATION
Item 1. Financial Statements
Condensed Consolidated Balance Sheets (Unaudited)	1
Condensed Consolidated Statements of Net Earnings (Unaudited)	2
Condensed Consolidated Statements of Comprehensive Income (Unaudited)	2
Condensed Consolidated Statements of Cash Flows (Unaudited)	3
Condensed Consolidated Statements of Stockholders' Equity (Unaudited)	4
Notes to Condensed Consolidated Financial Statements (Unaudited)	5
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations	16
Item 3. Quantitative and Qualitative Disclosures about Market Risk	16
Item 4. Controls and Procedures	23
PART II. OTHER INFORMATION
Item 1. Legal Proceedings	24
Item 1A. Risk Factors	24
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	24
Item 3. Defaults Upon Senior Securities	24
Item 4. Mine Safety Disclosures	24
Item 5. Other Information	24
Item 6. Exhibits	24
SIGNATURES	25

CONDENSED CONSOLIDATED BALANCE SHEETS

	June 27, 2026	June 28, 2025	March 31, 2026
Assets
Current assets:
Cash and cash equivalents	$86,921	$12,072	$49,919
Accounts receivable, net of allowance for credit losses of $85, $67 and $53, respectively	90,831	99,817	109,298
Inventories	601,407	614,435	613,913
Refundable income taxes	427	506	2,696
Other current assets	4,641	5,485	3,301
Total current assets	784,227	732,315	779,127
Property, plant and equipment, net	340,771	325,492	331,280
Right-of-use assets operating, net	17,911	10,953	18,792
Right-of-use assets finance, net	6,192	12,318	6,843
Pension assets	110,008	76,316	108,142
Other assets	3,661	1,950	3,574
Total assets	$1,262,770	$1,159,344	$1,247,758
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$122,051	$85,755	$63,764
Deferred revenue	2,040	8,313	3,965
Accrued vacation	13,467	13,220	13,467
Accrued payroll	12,129	11,587	20,756
Income taxes payable	4,346	6,251	305
Other accrued expenses	29,042	28,801	26,411
Current portion of long-term debt, finance and lease obligations	25,101	24,419	25,259
Total current liabilities	208,176	178,346	153,927
Long-term debt	185,363	259,497	239,056
Operating lease obligations	12,728	6,997	14,343
Finance lease obligations	3,139	7,559	3,715
Finance obligation	13,915	16,739	14,636
Deferred income tax liability, net	49,716	32,517	49,660
Other liabilities	15,277	13,517	16,191
Total liabilities	488,314	515,172	491,528
Commitments and contingencies
Stockholders' equity:
Preferred stock	331	346	331
Common stock	3,052	3,051	3,052
Additional paid-in capital	105,270	102,426	105,142
Treasury stock, at cost	(227,424)	(214,443)	(226,074)
Stock Employee Compensation Trust	(47)	-	-
Accumulated other comprehensive income (loss)	13,373	(7,836)	13,373
Retained earnings	879,901	760,628	860,406
Total stockholders' equity	774,456	644,172	756,230
Total liabilities and stockholders’ equity	$1,262,770	$1,159,344	$1,247,758

ContentsView on SEC.gov

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