Cheryl L. Bustos
the Board of Directors (“Board”) of REX American Resources Corporation (the “Company”) expanded the size of the Board from eight directors to nine directors and elected Cheryl L. Bustos as a director.
Highest-materiality recent filing
REX boosts executive bonus caps: Rose to $4M, Rizvi to $12M, Bruggeman to $4M
New employment agreements executed June 29, 2026, effective Feb 1, 2026, for Rose (Exec Chairman), Rizvi (CEO), Bruggeman (CFO).
REX American Resources approves form of RSU award agreement; no specific grants or targets disclosed
Compensation committee approved a standard form of Restricted Stock Unit Award Agreement under the 2026 Incentive Plan.
REX shareholders approve doubling of authorized shares to 90M and 2026 Incentive Plan
Shareholders approved amendment increasing authorized common stock from 45M to 90M shares; effective June 1, 2026.
REX American Q1 net income per share $0.56, best first quarter in company history
Diluted EPS of $0.56 vs $0.26 in Q1 '25; net income attributable to REX common $18.5M.
REX American reports record FY25 EPS $2.50, Q4 EPS $1.32; $376M cash, no debt
Full year net income attributable to REX shareholders $83.0M, diluted EPS $2.50 (vs $1.65 prior year).
REX Q3 FY2025 EPS $0.71 vs $0.69; gross profit down to $36.1M
Net sales $175.6M (flat YoY); gross profit $36.1M vs $39.7M on lower ethanol and distillers grain pricing.
REX reports Q2 EPS $0.43 (down from $0.70), sales up; announces 2-for-1 stock split
Q2 net sales $158.6M (up 7% YoY) vs $148.2M; gross profit $14.3M (down from $19.8M).
REX shareholders elect nine directors, approve say-on-pay and auditor
All nine director nominees elected with majority of votes cast; broker non-votes of 663,729.
REX Q1 2025 EPS $0.51 vs $0.58 YoY; net sales $158.3M; repurchased 822K shares
Diluted EPS attributable to REX common shareholders $0.51, down from $0.58 in Q1 2024.
Full year net sales $642.5M (down 23% YoY); net income $58.2M ($3.30 diluted EPS) vs $60.9M ($3.47).
REX American Q3 net income $24.5M ($1.38 EPS), second-best quarter
Net income attributable to REX shareholders $24.5M ($1.38 diluted EPS), down from $26.1M ($1.49) in Q3 FY23.
REX American Q2 net income up 37% to $12.4M; EPS $0.70 vs $0.52
Net income attributable to REX shareholders $12.4M vs $9.1M (up 37%); diluted EPS $0.70 vs $0.52.
REX American Resources amends by-laws to move to book-entry DRS stock registration
Effective Aug 1, 2024, all newly issued or transferred shares will be in book-entry form via Direct Registration System (DRS).
REX American Resources shareholders elect all nine director nominees at annual meeting
Annual meeting held June 11, 2024; 15,029,483 shares voted.
REX American Q1 FY2024 EPS $0.58, net income $10.2M; carbon capture facility on track for July
Diluted EPS of $0.58, up from $0.30 a year ago; net income attributable to REX of $10.2M vs $5.2M.
REX reports FY2023 net income per share $3.47, second highest in company history
Q4 EPS $1.16 vs $0.47 YoY; revenue $187.6M (-6% YoY) but gross profit $30.4M (+129% YoY).
REX American Q3 EPS $1.49 record; net income $26.1M, gross profit up 324%
Net income attributable to REX common shareholders $26.1M ($1.49 diluted EPS) vs $3.2M ($0.18) in Q3 2022, an all-time quarterly record.
REX American Q2 net sales down 11.8% to $212M; EPS $0.52 vs $0.63 YoY
Net sales $212.0M (Q2 '22: $240.3M); gross profit up 30.1% to $18.4M from $14.1M.
REX dismisses Deloitte, appoints RSM as new auditor for FY 2024
Audit Committee approved engagement of RSM US LLP effective July 5, 2023 for fiscal year ending January 31, 2024.
REX American Resources shareholders elect all nine director nominees at annual meeting
Stuart A. Rose re-elected with 14,032,092 votes for; 1,242,581 against.
REX American Q1 net sales $212.7M (+9.5%); EPS $0.30 vs $0.29
Net sales $212.7M, up 9.5% YoY; gross profit $15.0M, up 26.2%.
REX Q4 fiscal 2022 EPS $0.47, down 60% YoY; revenue $200.2M
Net income from continuing ops $8.2M vs $21.3M YoY; revenue $200.2M vs $212.0M.
REX American Resources appoints former Congresswoman Cheri Bustos to Board of Directors
Board expanded to nine members; Bustos is independent and effective immediately.
REX reports Q3 EPS $0.18 vs $0.74 YoY; files carbon sequestration permit
Net sales $220.3M (+8.5% YoY); gross profit fell to $11.3M from $25.2M on higher corn and natural gas costs.
REX American Q2 net income $0.63/share vs $0.44 YoY; revenue up 23% to $240.3M
Net sales $240.3M vs $195.7M (+23% YoY); gross profit $16.6M vs $14.2M.
REX American Resources declares 3-for-1 stock split to enhance liquidity
Three-for-one stock split as 200% dividend; record date July 29, payable Aug 5.
REX American Resources boosts executive salaries, bonuses, and director compensation
CEO Zafar Rizvi base salary raised to $275K (from $225K); bonus percentage increased to 4.5% (from 3%) with cap raised to $5M.
REX American Q1 FY2022 EPS $0.87 vs $1.30 YoY; net income down 33%
Net sales $194.2M, up from $164.0M YoY; gross profit fell to $11.9M from $19.5M.
REX American Resources Q4 FY2021 EPS $3.61 vs $0.59 YoY; revenue $212M
Net sales and revenue $212M, up 68% from $126M in Q4 FY2020.
REX American Q3 net income $15.3M; diluted EPS $2.56 vs $1.44 YoY
Net income attributable to REX shareholders of $15.3M, or $2.56 diluted EPS, up 78% from $1.44 in Q3 2020.
REX American Resources Q2 net income $7.9M ($1.31 EPS) vs loss year ago; revenue $195.8M
Net income $7.9M ($1.31 diluted EPS) vs net loss $1.7M ($0.28 loss) in Q2 2020.
the Board of Directors (“Board”) of REX American Resources Corporation (the “Company”) expanded the size of the Board from eight directors to nine directors and elected Cheryl L. Bustos as a director.
Max materiality 0.85 · Median 0.70 · Most common event earnings