---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-002791"
form_type: "8-K"
ticker: "SENEB"
cik: "0000088948"
company_name: "Seneca Foods Corp"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:13:42.114912+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Seneca Foods Q3 net sales rise to $473.3M; gross margin improves to 11.4%

## Summary
- Q3 net sales $473.3M, up 6.2% YoY from $445.6M on higher prices/improved mix.
- Q3 gross margin 11.4% vs 10.1% YoY; increase driven by pricing and favorable sales mix.
- Nine-month net sales $1,178.3M vs $1,052.9M YoY; increase of $125.4M from higher prices partly offset by lower volumes.
- Nine-month gross margin 10.0% vs 11.5% YoY; decline primarily due to $48.7M increase in LIFO charge.
- CEO cites persistent inflationary pressures, large non-cash LIFO charge, and supply chain challenges.

## SEC filing metadata
- accession: 0001437749-23-002791
- form_type: 8-K
- ticker: SENEB
- cik: 0000088948
- company_name: Seneca Foods Corp
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88948/000143774923002791/0001437749-23-002791-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88948/000143774923002791/senea20230127_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-002791
- JSON: https://secwatch.observer/filing/0001437749-23-002791.json
- Plain text: https://secwatch.observer/filing/0001437749-23-002791.txt

## Key facts
- Earnings Releases
  Seneca Foods Corp reported the third quarter ended December 31, 2022 results: revenue $473.3 million.
  - Period: the third quarter ended December 31, 2022
  - Revenue: $473.3 million
  - Result: reported results
  source text: Net sales for the third quarter of fiscal 2023 totaled $473.3 million compared to $445.6 million for the third quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88948/000143774923002791/0001437749-23-002791-index.htm
- Earnings Releases
  Seneca Foods Corp reported the nine months ended December 31, 2022 results: revenue $1,178.3 million.
  - Period: the nine months ended December 31, 2022
  - Revenue: $1,178.3 million
  - Result: reported results
  source text: Net sales for the nine months ended December 31, 2022 totaled $1,178.3 million compared to $1,052.9 million for the nine months ended January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88948/000143774923002791/0001437749-23-002791-index.htm

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