Seneca Foods Corporation (NASDAQ: SENEA, SENEB) reported its financial results for the three months ended June 28, 2025. The company recorded net sales of $297.5 million for the first quarter of fiscal 2026, a decrease from $304.7 million in the same period of fiscal 2025. This $7.2 million decline was attributed to lower sales volumes, although this was partially offset by increased selling prices and product mix impacts. The gross margin as a percentage of net sales improved slightly to 14.1% from 14.0% in the previous year. Despite facing challenges such as high-cost inventory due to unfavorable weather conditions in 2024, Seneca Foods made progress in selling through the 2024 pack. Additionally, the company experienced sales disruptions from a key co-pack customer, leading to lower volumes in the quarter, but anticipates recovering these volumes in future quarters under the existing contractual relationship. Looking ahead, Seneca Foods is optimistic about the 2025 pack, expecting a better growing season to result in more normalized inventory levels and costs.