CHS INC

CHS Inc. reported net income of $380.8 million for the first nine months of fiscal year 2026, a decrease from $401.2 million in the same period last year, citing dynamic market conditions. The Energy segment saw a significant pretax profit improvement of $149.1 million, while the Grains segment reported a pretax loss of $15.3 million. The Agronomy segment's pretax profit increased by $36.3 million. The company also discussed strategic initiatives, including portfolio review, international diversification, and upcoming owner events, while anticipating continued commodity volatility and policy uncertainty.

CHS Inc. reported its third-quarter fiscal year 2026 results, with net income attributable to CHS reaching $267.4 million on revenues of $11.6 billion. This represents an increase from $232.2 million in net income and $9.8 billion in revenues during the same period last year. The company highlighted strong performance in its energy segment due to refining margins and its CF Nitrogen equity method investment, though these were partially offset by global headwinds affecting grain margins and lower agronomy sales volumes. CEO Jay Debertin emphasized the strength of the company's diversified ag and energy businesses amidst ongoing market volatility.

CHS Inc. reported strong third-quarter results for fiscal year 2026, with revenues increasing by 18.6% to $11.58 billion and net income attributable to CHS Inc. rising 15.1% to $267.4 million compared to the prior year. For the nine months ended May 31, 2026, revenues grew 7.2% to $28.80 billion, though net income decreased 5.1% to $380.8 million. The company also finalized its exit from the Producer Ag joint venture on December 31, 2025.

CHS Inc. announced the declaration of regular quarterly dividends for its various preferred stock series. The company will pay $0.50 per share on its 8% Cumulative Redeemable Preferred Stock, and varying amounts on its Class B preferred stocks, including Series 1, Series 2, Series 3, and Series 4. These dividends are scheduled to be paid on September 30, 2026, to shareholders of record as of September 16, 2026.

CHS Inc. announced a significant increase in its net loss for the second quarter of fiscal year 2026, reaching $147.1 million, compared to a net loss of $75.8 million in the prior year period. Despite a 7.7% increase in revenues to $8.4 billion, the company faced substantial headwinds, particularly in its Energy segment due to significantly higher renewable energy credit expenses and unrealized hedging losses. The Grains segment also saw a wider loss from weaker crush margins, while Agronomy was impacted by decreased sales volumes. CEO Jay Debertin acknowledged ongoing global industry challenges but emphasized strong operational performance and a continued focus on cost discipline and operational excellence.

CHS Inc. announced the declaration of its regular quarterly dividends for five series of preferred stock on April 7, 2026. These dividends, ranging from $0.421875 to $0.50 per share, are payable on June 30, 2026, to shareholders of record as of June 15, 2026. This routine declaration provides a consistent income stream for holders of CHS's various preferred stock classes, reinforcing the company's commitment to its preferred shareholders.