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REX AMERICAN RESOURCES Corp (REX) filed an 8-K current report with the SEC on September 2, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Fiscal Q2 and first-half 2026 results announced for periods ended July 31, 2026.
REX AMERICAN RESOURCES Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Fiscal Q2 and first-half 2026 results announced for periods ended July 31, 2026
- Press release furnished as Exhibit 99 contains the financial figures and management commentary
Item EX-99.1 · Exhibit EX-99.1
- Q2 FY26 EPS $1.06 vs $0.22, with REX shareholder net income $34.9M vs $7.1M
- Gross profit surged to $53.3M from $14.3M, supported by $18.4M of Section 45Z production tax credits
- Core operating gross profit excluding 45Z credits increased 144% year over year, highlighting stronger crush margins
- EPA issued draft permits for three Class VI wells, advancing One Earth carbon-capture development
- $191.2M invested in One Earth expansion and carbon capture, with expansion expected operational during fiscal 2026
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