---
schema_version: "secwatch.filing_event.v1"
accession: "0001227654-24-000101"
form_type: "8-K"
ticker: "CMP"
cik: "0001227654"
company_name: "COMPASS MINERALS INTERNATIONAL INC"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:28:33.042082+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Compass Minerals suspends dividend, posts Q2 net loss of $48M amid mild winter and Fortress headwinds

## Summary
- Q2 revenue $364M, down 11.5% YoY; net loss $48M ($1.16 diluted) vs loss $21.6M a year ago.
- Board suspends dividends indefinitely, freeing ~$25M annually to prioritize debt reduction.
- Salt segment volumes fell 21% YoY; adjusted EBITDA per ton improved 19% to $23.95.
- Recorded $55.6M impairment on Fortress goodwill/intangibles due to magnesium chloride fire-retardant uncertainty.
- FY2024 total adj. EBITDA guidance narrowed to $160-191M; Goderich mine curtails output, laying off ~22% of workforce.

## SEC filing metadata
- accession: 0001227654-24-000101
- form_type: 8-K
- ticker: CMP
- cik: 0001227654
- company_name: COMPASS MINERALS INTERNATIONAL INC
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227654/000122765424000101/0001227654-24-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227654/000122765424000101/cmp-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001227654-24-000101
- JSON: https://secwatch.observer/filing/0001227654-24-000101.json
- Plain text: https://secwatch.observer/filing/0001227654-24-000101.txt

## Key facts
- Earnings Releases
  COMPASS MINERALS INTERNATIONAL INC reported fiscal 2024 second quarter results: revenue $ 364.0, net income $(48.0), EPS $(1.16).
  - Period: fiscal 2024 second quarter
  - Revenue: $ 364.0
  - Net income: $(48.0)
  - EPS: $(1.16)
  - Result: reported results
  source text: across all operating sites. QUARTERLY FINANCIAL RESULTS Three Months Ended March 31, Six Months Ended March 31, (in millions, except per share data) 2024 2023 2024 2023 Revenue $ 364.0 $ 411.1 $ 705.7 $ 763.5 Operating (loss) earnings (45.8) 47.9 (101.1) 75.8 Adjusted operating earnings * 65.4 50.8 87.4 79.0 Adjusted EBITDA * 87.3 77.4 146.7 139.2 Net loss
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227654/000122765424000101/0001227654-24-000101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.