Nov. 10 at 5:57 PM
$SENEA beats the market, but what's driving this outperformance? 📈
Seneca Foods' Q2 net sales surged 8.1% to
$460M, with net earnings skyrocketing 123.6% quarter-over-quarter. Notably, gross margins expanded sharply, fueled by higher volumes and favorable pricing. However, adjusted net earnings edged down 2.6%. 🌽🥦
Discover the full story behind SENEA's recent gains 👉 https://www.zacks.com/stock/news/2788793/seneca-stock-gains-on-higher-q2-earnings-and-margin-expansion?cid=sm-stocktwits-2-2788793-body-20340&ADID=SYND_STOCKTWITS_TWEET_2_2788793_BODY_20340