Seneca Foods Corporation (SENEB)
Seneca Foods Corporation operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Fairport, NY, US. The stock last traded at $189.70, up 13.25% on the session, giving a market capitalisation of $1.32B. On trailing twelve-month figures it carries a trailing P/E of 10.78, a net margin of 6.7%. Its beta of -0.05 implies it has historically moved less than the broad market.
Seneca Foods Corporation operates as a significant producer and distributor of packaged fruits and vegetables, serving both domestic and international markets. Their comprehensive product portfolio includes various canned, frozen, and bottled produce items, in addition to jarred fruits and snack chips. These goods are offered under the company's own private label, as well as a range of proprietary and licensed national and regional brands such as Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ. Beyond its core food production, the company provides co-packing services for canned and frozen vegetables. Seneca Foods' business activities also encompass the sale of cans and can ends, alongside its own trucking and aircraft logistics operations. The company's vast distribution network caters to a wide array of clients, including diverse grocery retailers like supermarkets, large merchandisers, specialized and discount stores, and club warehouses. They also supply food service providers, restaurant groups, industrial customers, other food manufacturers, and export partners across 90 countries. Furthermore, Seneca Foods fulfills contracts for federal, state, and local governments, supporting school and public feeding initiatives. Established in 1949, Seneca Foods Corporation's corporate headquarters are located in Marion, New York.
Seneca Foods Corporation is most often compared with the following Consumer Defensive names: