Financial Performance - CHS reported net income of $232.2 million for Q3 FY 2025, a decrease from $297.3 million in Q3 FY 2024, with revenues of $9.8 billion compared to $9.6 billion in the prior year[2] - For the first nine months of FY 2025, net income was $401.2 million, down from $990.5 million, with revenues of $26.9 billion compared to $30.1 billion in the same period last year[2] Segment Performance - The agronomy segment achieved pretax income of $151.0 million, an increase of $42.5 million year-over-year, driven by higher volumes and margins for wholesale and retail agronomy products[3] - Energy segment reported a pretax loss of $50.1 million, a decline of $147.9 million compared to the previous year, primarily due to planned maintenance at the McPherson refinery[3][5] - Nitrogen production earnings increased to $54.6 million, up $2.2 million from the prior year, attributed to favorable market conditions for urea[3] - Corporate and Other segment saw pretax earnings rise to $103.3 million, a $52.2 million increase, largely due to strong results from the Ventura Foods joint venture[6] Strategic Focus - CHS emphasized its commitment to customer service and efficiency improvements amid challenging agriculture and energy markets[2] - The company aims to navigate current market conditions by leveraging local expertise and partnerships[2] Market Outlook - CHS's diversified agronomy, grains, foods, and energy businesses recorded revenues of approximately $39 billion in FY 2024[9] - Forward-looking statements indicate potential risks including commodity price changes, global conflicts, and regulatory impacts that could affect future performance[10][11]
CHS(CHSCN) - 2025 Q3 - Quarterly Results