Doc Louallen
Shares of Seneca Foods advanced after the company reported higher fourth-quarter sales and profit.
The stock was up 13% to $168.30 in trading just ahead of the close Friday afternoon. Shares reached an all-time high of $173.98 earlier in the trading session, and are up 52% this year.
The fruit and vegetable processing company reported after the close on Thursday net income of $25.3 million, or $3.69 a share, compared with $601,000, or 9 cents a share, a year earlier.
Net sales rose 14% to $393.8 million, helped by higher volume and improved margins.
Based in Fairport, N.Y., Seneca holds a large share of the market for retail private label, food service and restaurant chains.
Write to Doc Louallen at Doc.Louallen@wsj.com
(END) Dow Jones Newswires
June 12, 2026 16:07 ET (20:07 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.