David Safran resigns from Compass Minerals board

Compass Minerals Canada Corp. received a 21-year lease for 1,592 hectares beneath Lake Huron to expand its Goderich salt mine. The expansion, approved by Ontario's Ministry of Energy and Mines, is due to geological anomalies in the existing lease. The mine, operational since 1959, is expected to remain active until 2094 and is a key supplier of salt for winter road maintenance.

Compass Minerals (NYSE:CMP) reported Q3 2026 revenue of $215.3 million and a net loss of $5.7 million. Adjusted EBITDA was $39.9 million. Salt revenue rose to $173.9 million on higher pricing, while Plant Nutrition revenue fell to $37.6 million after a Wynyard SOP disposition. The company raised full-year Adjusted EBITDA guidance midpoint to $230 million.

Simply Wall St reports Compass Minerals International (CMP) posted fiscal Q3 results with higher adjusted EBITDA, a smaller net loss versus a year earlier, and Plant Nutrition segment outperformance that led to raised guidance. The stock rose 6.6% in one day but is down 8.3% over 30 days. A $31 fair-value narrative contrasts with CMP trading at 62.4x earnings.

Compass Minerals (NYSE:CMP) discussed Q3 results and operations on its earnings call. Salt revenue rose 5% to $173.9M, but salt adjusted EBITDA fell 15% to $38.9M and operating earnings declined 25% to $21.2M due to lower highway volumes and higher costs. CMP narrowed FY2026 salt adjusted EBITDA to $225M-$236M and said total debt fell to $716.6M. It also noted reduced FY2027 mine profile and potential Aug. 19 tariff impacts.

Compass Minerals (NYSE: CMP) reported fiscal 2026 third-quarter results. Net loss was $5.7 million and total Adjusted EBITDA was $39.9 million. Salt revenue rose 5% to $173.9 million, while Salt Adjusted EBITDA fell to $38.9 million. Plant Nutrition revenue fell to $37.6 million but Adjusted EBITDA rose to $15.0 million. Full-year 2026 Adjusted EBITDA guidance midpoint was raised to $218-$242 million; net leverage fell to 2.8x.

Compass Minerals (CMP) reported fiscal 2026 Q3 revenue of $215.3 million, up from $214.6 million a year earlier. Net loss narrowed to $5.7 million from $17.0 million, with diluted loss per share of $0.13. Adjusted EBITDA guidance midpoint was raised to $230 million. Salt revenue rose 5% to $173.9 million; Plant Nutrition revenue fell 16% to $37.6 million. Debt declined and S&P upgraded the corporate rating to B+.