---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-020130"
form_type: "8-K"
ticker: "SENEB"
cik: "0000088948"
company_name: "Seneca Foods Corp"
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T01:15:18.733550+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Seneca Foods Q1 sales up 12.8% to $265.2M; FIFO EBITDA up 18.4%

## Summary
- Net sales $265.2M vs $235.0M (+12.8%); driven by higher prices/improved mix ($21.2M) and increased volume ($9.0M).
- Gross margin fell to 8.6% from 14.3% due to $16.4M increase in LIFO charge; FIFO EBITDA rose 18.4% to $37.1M.
- CEO reports adjusted net earnings up ~20% vs robust prior year; strong start to raw product pack increased inventory levels.
- LIFO charge of $19.2M in the quarter creates non-cash impact; inflation cited as primary driver.

## SEC filing metadata
- accession: 0001437749-22-020130
- form_type: 8-K
- ticker: SENEB
- cik: 0000088948
- company_name: Seneca Foods Corp
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88948/000143774922020130/0001437749-22-020130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88948/000143774922020130/senea20220729_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-020130
- JSON: https://secwatch.observer/filing/0001437749-22-020130.json
- Plain text: https://secwatch.observer/filing/0001437749-22-020130.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.