CHS(CHSCM) - 2025 Q3 - Quarterly Results
CHSCHS(US:CHSCM)2025-07-09 16:00

Financial Performance - CHS reported net income of $232.2 million for Q3 FY 2025, a decrease of 21.9% from $297.3 million in Q3 FY 2024[2] - Revenues for Q3 FY 2025 were $9.8 billion, up from $9.6 billion in Q3 FY 2024, marking a 2.1% increase[2] - For the first nine months of FY 2025, net income was $401.2 million, down 59.6% from $990.5 million in the same period of FY 2024[2] - CHS's total revenues for the first nine months of FY 2025 were $26.9 billion, down from $30.1 billion in the same period of FY 2024[2] Segment Performance - The agronomy segment saw a pretax income of $151.0 million, an increase of $42.5 million compared to the prior year, driven by higher volumes and margins[3] - Energy segment reported a pretax loss of $50.1 million, a decrease of $147.9 million from the prior year, impacted by planned maintenance at the McPherson refinery[3][5] - Nitrogen production earnings increased to $54.6 million, up $2.2 million from the previous year, due to favorable market conditions for urea[3] - Corporate and Other segment earnings rose to $103.3 million, a $52.2 million increase year-over-year, largely from the Ventura Foods joint venture[6] Strategic Focus - The company emphasized its commitment to customer service and efficiency improvements amid challenging agriculture and energy markets[2] - CHS operates in 65 countries and recorded approximately $39 billion in revenues for FY 2024, highlighting its global agribusiness presence[9]