Earnings Feed

CNM

Industrial

Adjusted diluted EPS rose 13% to $0.87 from $0.77 in the prior year, reflecting higher net income and share repurchases.
Adjusted EBITDA increased 4% to $266 million, but adjusted EBITDA margin declined 40 basis points to 12.7% due to higher SG&A as a percentage of sales.
Gross margin improved to 26.8%, up 10 basis points sequentially and 40 basis points year over year, driven by private label and sourcing initiatives.
Net debt stood at $2.3 billion with a leverage ratio of 2.4x, and total liquidity was $1.1 billion.
Net sales grew nearly 7% to $2.1 billion in Q2 2025, with approximately 5% organic growth and the remainder from acquisitions.
Operating cash flow was $34 million, down from $48 million last year, mainly due to higher working capital investment.
SG&A expenses increased 13% to $302 million, impacted by acquisitions, inflation, and one-time costs.

CMP

Industrial

Compass Minerals completed a significant refinancing exercise in Q3 2025, extending maturity profiles and improving liquidity.
The company sold the majority of Fortress assets and intellectual property for approximately $20 million, bolstering its cash position.
Refinancing locked in a $325 million commitment level and shifted leverage measurement to first lien debt, increasing financial flexibility.
These strategic moves are part of the Back-to-Basic strategy aimed at strengthening the company's financial health and operational focus.
Management emphasized that these steps are designed to support ongoing debt reduction and capital discipline.