---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-022801"
form_type: "8-K"
ticker: "SENEB"
cik: "0000088948"
company_name: "Seneca Foods Corp"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-12T00:00:19.213019+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seneca Foods Q1 net sales up 12.6% to $298.7M; gross margin expands to 18.5%

## Summary
- Net sales $298.7M vs $265.2M YoY, driven by higher selling prices partially offset by lower volumes.
- Gross margin improved to 18.5% from 8.6% year-over-year.
- CEO Paul Palmby cites strong Q1, FIFO EBITDA growth, and absence of non-cash LIFO charge.
- No net income or EPS figures disclosed in the press release.
- Harvest season underway with good crop so far; inflation stabilizing.

## SEC filing metadata
- accession: 0001437749-23-022801
- form_type: 8-K
- ticker: SENEB
- cik: 0000088948
- company_name: Seneca Foods Corp
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88948/000143774923022801/0001437749-23-022801-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88948/000143774923022801/senea20230802_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-022801
- JSON: https://secwatch.observer/filing/0001437749-23-022801.json
- Plain text: https://secwatch.observer/filing/0001437749-23-022801.txt

## Key facts
- Earnings Releases
  Seneca Foods Corp reported three months ended July 1, 2023 results: revenue $298.7 million.
  - Period: three months ended July 1, 2023
  - Revenue: $298.7 million
  - Result: reported results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/88948/000143774923022801/0001437749-23-022801-index.htm

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