NEWS & NOTEWORTHY

Compass Minerals hosted its fiscal 2026 first-quarter earnings call today, reporting total adjusted EBITDA for the first quarter of $65.3 million, up 103% from the prior year.  

“Compass Minerals delivered a strong opening quarter to fiscal 2026. Robust winter weather supported performance in our Salt segment, while higher pricing and cost‑structure improvements drove meaningful margin expansion in our Plant Nutrition segment,” said Edward C. Dowling Jr., president and CEO. “Based on solid performance in Salt and positive momentum in Plant Nutrition, partially offset by the strategic decision to sell our Wynyard sulfate of potash facility, we are increasing our full‑year total company adjusted EBITDA guidance by 2% at the midpoint of the range. We reduced total net debt by 10% year‑over‑year — more than $90 million. We remain focused on strengthening operational, commercial and financial execution to enhance cash‑flow generation and further reduce net debt. Looking ahead, we see meaningful opportunities to build on this momentum and enhance long‑term value for our shareholders.”

Other fiscal 2026 first-quarter results include:

• Net income of $18.6 million for the first quarter of 2026, compared to a net loss of $23.6 million in the prior year
• Strong sales volume growth of 37% led to increases in Salt business operating earnings and adjusted EBITDA of 67% and 41%, respectively, from the prior year period
• Net debt decreased to $836.9 million as of Dec. 31, 2025, a $92 million, or 10%, decrease from Dec. 31, 2024

You can find additional details in the press release and the Fiscal 2026 First-Quarter Business Update posted in the Investor Relations section of the company’s website.