Tejon Ranch (TRC) - 2025 Q3 - Quarterly Results

Exhibit 99.1 "We had a strong quarter, driven by a rebound in farming and steady results across our core operating segments," said Matthew Walker, president and CEO of Tejon Ranch Company. "Farming delivered an approximately $2 million positive variance from the prior year, helping year-to-date earnings recover. "As part of our comprehensive review of cost structure and capital allocation, we've taken decisive steps to reduce expenses, including a 20 percent reduction in our workforce. This difficult but ne ...