Seneca Foods Corp (SENEB) SEC Filings & Earnings Calls

Input Cost Inflation

“We experienced material cost increases to various production inputs during the last several years due to a number of factors, including but not limited to, supply chain disruptions, steel supply and pricing, raw material shortages, inflationary pressure, and labor shortages.” · word for word

Tariff Exposure

“Certain of the raw materials, namely steel, are subject to import tariffs and other restrictions, and the United States government may periodically impose new or revise existing duties, quotas, tariffs or other restrictions to which the Company may be subject.” · word for word

Weather Risk

“Adverse weather conditions during the planting and harvesting seasons had a notable impact, especially in the upper Midwest where the Company has its primary growing region.” · word for word

LIFO repeal risk

“Should LIFO be repealed, the $82.9 million of postponed taxes, plus any future benefit realized prior to the date of repeal, would likely have to be repaid over some period of time.” · word for word

Customer concentration

“The top ten customers represented approximately 56% and 53% of net sales for fiscal years 2026 and 2025, respectively.” · word for word

Commodity and input cost volatility

“The materials that we use, such as raw fruit and vegetables, steel, ingredients, pouches and other packaging materials as well as the electricity, diesel fuel, and natural gas used in our business, are commodities that may experience price volatility” · word for word

Seasonal workforce dependency

“During the peak summer harvest period, we employed an additional approximately 4,015 seasonal employees to help package fruits and vegetables. If there is a shortage of seasonal labor, or if there is an increase to minimum wage rates, this could have a negative impact on our cost of operations.” · word for word

Volume decline across multiple categories

“a $5.8 million decrease resulting from lower sales volume” · word for word

Elevated input costs persist

“our costs remain elevated as compared to historical levels” · word for word

Weather-related crop yield risk

“Adverse weather conditions during the planting and harvesting seasons had a notable impact, especially in the upper Midwest where the Company has its primary growing region.” · word for word

Input cost inflation

“While some of the factors mentioned above have started to ease and stabilize, our costs remain elevated as compared to historical levels.” · word for word

Tariff exposure

“Certain of our raw materials, namely steel, are subject to import tariffs and other restrictions” · word for word

Weather risk on crop yields

“Adverse weather conditions during the planting and harvesting seasons had a notable impact, especially in the upper Midwest where the Company has its primary growing region.” · word for word

Labor shortage

“an overall labor shortage, ability to retain a sufficient seasonal workforce, lack of skilled labor, labor inflation or increased turnover impacting our ability to recruit and retain employees” · word for word