HIGHOutside partyCustomer
56%
top ten customers
“10-K Item 1A: 'The top ten customers represented approximately 56% and 53% of net sales for fiscal years 2026 and 2025, respectively.'”
SENEA · Concentration risk · 10-K extracted
Seneca Foods (SENEA) concentration risks
Updated
The most significant concentration Seneca Foods discloses is top ten customers at 56%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Seneca Foods’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH1
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Seneca Foods' concentration risk centers on customer dependency: the top ten customers represented approximately 56% of net sales in the most recent fiscal year, up from 53% the year prior. This is a dependency-type exposure rather than a structural, macro-level risk — it reflects reliance on a defined and slightly growing group of large customer relationships rather than diversification across the company's broader base of accounts. Because the share has ticked up year over year, the trend itself is worth noting: incremental reliance on the same group of large customers narrows the buffer if any one relationship is renegotiated, lost, or reduces order volume. With no supplier, geographic, or product-line concentration disclosed in the cited claims, this customer concentration is the primary named exposure for the business. Given the size of the share — over half of net sales tied to ten accounts — it represents a meaningful degree of customer dependency that an investor should weigh against the stability and tenure of those top relationships, which are not detailed in the disclosed claims.
For the engine’s reasoning on SENEA’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Packaged Foods
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CENT | Central Garden & Pet Company | 1 | 1 | 2 | 4 |
| CENTA | Central Garden & Pet Company | 1 | 1 | 2 | 4 |
| CPB | The Campbell's Company | 1 | 1 | 1 | 3 |
| SENEA● | Seneca Foods Corp. | 1 | 0 | 0 | 1 |
| CAG | ConAgra Brands, Inc. | 0 | 1 | 0 | 1 |
| BRBR | BellRing Brands, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.