Compass Minerals Intl Inc Stock Price, News & Analysis

Compass Minerals (NYSE:CMP), a leading global provider of essential minerals, has announced its upcoming participation in the Jefferies Industrial Conference. Edward C. Dowling Jr., president and CEO, along with other leadership team members, will conduct one-on-one meetings at the conference on September 3, 2025 in New York City.

Updated presentation materials will be made available through the investor relations section of the company's website at compassminerals.com during the event.

Compass Minerals (NYSE: CMP) reported its fiscal 2025 third-quarter results, showing significant improvements despite posting a net loss. The company reported a net loss of $17.0 million, better than the $43.6 million loss in the prior year. Total revenue increased to $214.6 million, up from $202.9 million year-over-year.

Key highlights include a 25% increase in adjusted EBITDA to $41.0 million, Salt business sales volumes up 4%, and Plant Nutrition sales volumes rising 21%. The company's Salt segment revenue reached $166.0 million, up 3% year-over-year, while Plant Nutrition revenue grew 15% to $44.8 million. For the 2025/2026 North American bid season, CMP expects average contract selling prices to be 2%-4% higher with committed bid volumes up 3%-5%.

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, has scheduled its third-quarter fiscal 2025 earnings release for Monday, August 11, 2025, after market close. The company will host a conference call on Tuesday, August 12, 2025, at 9:30 a.m. ET.

CEO Edward C. Dowling Jr. and CFO Peter Fjellman will lead the discussion. Investors can access the call via webcast at investors.compassminerals.com or by phone using conference ID 7896827. U.S. and Canada participants should dial 1-800-715-9871, while international callers can use 1-646-307-1963. An audio replay will be available on the company's website.

Compass Minerals (NYSE: CMP) has appointed Ashley Ward as its new chief accounting officer. Ward, who previously served as vice president and corporate controller since July 2024, will lead the company's accounting functions, oversee technical accounting issues, ensure compliance with accounting policies, and manage external reporting.

Ward brings nearly 20 years of accounting experience, including 10 years at Crestwood Equity Partners where she held positions such as assistant controller and director of operational accounting. She holds a Bachelor of Business Administration in accounting from Wichita State University and began her career at Flint Hills Resources, a Koch Industries subsidiary.

Compass Minerals (NYSE: CMP) has successfully completed its previously announced $650 million offering of 8.000% senior notes due 2030 in a private placement. The company also amended its credit agreement, maintaining revolving commitments at $325 million and allowing for the new notes issuance. The proceeds will be used to repay outstanding senior secured credit facility debt, redeem approximately $350 million of 6.750% senior notes due 2027, cover transaction fees, strengthen the balance sheet, and support general corporate purposes. The notes were offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.

Compass Minerals (NYSE: CMP) has announced the pricing of $650 million in senior notes due 2030 with an 8.000% interest rate. The company plans to use the proceeds to repay its senior secured credit facility, redeem $350 million of its 6.750% senior notes due 2027, pay transaction fees, maintain additional cash reserves, and fund general corporate purposes. The new notes will be senior unsecured obligations guaranteed by certain domestic subsidiaries. The redemption of the 2027 notes is scheduled for June 17, 2025, at a redemption price of 101.125% of the principal amount plus accrued interest. After the redemption, $150 million of the 2027 notes will remain outstanding. The offering is expected to close around June 16, 2025, and is limited to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Compass Minerals (NYSE: CMP) reported its fiscal 2025 Q2 results, highlighting progress in its back-to-basics strategy. The company achieved significant inventory reduction, with North American highway deicing inventory value and volumes down 47% and 59% year-over-year respectively. This led to a working capital release of nearly $150 million and helped reduce net total debt by approximately $170 million (18%) in the quarter. Revenue increased to $494.6 million, up from $364.0 million in the prior year. However, the company reported a net loss of $32.0 million ($0.77 per share). Salt revenue rose 39% to $432.7 million, driven by a 47% increase in sales volume. The Plant Nutrition segment revenue grew 16% to $58.3 million. The company also announced corporate optimization efforts, including eliminating over 10% of its workforce and winding down Fortress North America. These actions aim to generate additional cash flow and accelerate deleveraging.

Compass Minerals (NYSE: CMP) has scheduled the release of its second-quarter fiscal 2025 financial results for Wednesday, May 7, 2025, after market close. The company will host a conference call to discuss the results on Thursday, May 8, 2025, at 9:30 a.m. ET.

The earnings discussion will be led by President and CEO Edward C. Dowling Jr. and CFO Peter Fjellman. Investors can access the call via webcast at investors.compassminerals.com or by phone using the conference ID 7896827. U.S. and Canada participants should dial 1-800-715-9871, while international callers can use 1-646-307-1963.

Compass Minerals (NYSE: CMP) has announced significant cost-reduction measures, including eliminating over 10% of its corporate workforce positions and shuttering its Fortress North America fire retardant business. The restructuring, effective immediately, will eliminate nearly 50 positions total.

The company aims to increase free cash flow and retire debt through these initiatives, which are part of a strategic refocus on improving profitability in their core Salt and Plant Nutrition businesses. The company will provide severance packages and outplacement services to affected employees.

The estimated run-rate cost savings for the trailing 12-month period ended December 31, 2024, would range from $11 million to $13 million. The company expects to recognize a non-cash impairment from writing off Fortress-related assets and a non-cash gain from eliminating the remaining contingent consideration liability in Q2 2025.