Food manufacturer Balchem Corporation (BCPC) reported fourth-quarter net earnings of $9.5 million, slightly rising from last year's $9.4 million. Earnings per share remained flat at last year's $0.31.
Net sales for the quarter edged down to $69.7 million from $69.8 million last year.
Gross margin for the quarter declined to 29.9 percent from the prior year's 30.5 percent primarily due to lower sales volumes and increased raw material costs.
ARC Specialty Products segment sales for the quarter increased 6.9 percent as a result of strong volumes of ethylene oxide sold for medical device sterilization.
Sales in Food, Pharma and Nutrition segment declined 10.6 percent from last year. Animal Nutrition & Health segment showed mixed results with significant improvement coming from the ruminant production animal sector, flatness from the poultry markets, which was offset by softness in the industrial products end market.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.