Compass Minerals Struggles As Customers Hope For A Warm Winter

Diversification often helps businesses, and for Compass Minerals International (NYSE: CMP), the combination of road salt for highway deicing and plant nutritional products offers two different markets that have much different seasonal characteristics. Nevertheless, Compass has had to deal with some tough conditions over the past year, and coming into Monday's third-quarter financial report, Compass investors were bracing for a big decline in revenue and net income.Unfortunately, not only was Compass unable to avoid the full brunt of its expected hit, but it also ended up doing still worse.

Topics:  international nyse   cmp    compass   minerals   
BING NEWS:
  • CMP Compass Minerals International, Inc.
    Compass Minerals International, Inc., provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition.
    04/23/2024 - 5:00 am | View Link
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