Strong results in Renewables and improvements in the Agribusiness segment contributed to record first-quarter earnings for The Andersons.
The company reported net sales of US$2.74 billion, marking a 4% decline from the prior year on a reported basis.
In her elevated role, McNabb will expand her current oversight of North America Retail and North America Pet, the company’s largest and most profitable divisions, to include International operations and North America Foodservice
Net sales declined about 1% year over year, while reported and adjusted operating income decreased 26% and 22%, respectively, versus Q1 2025.
These new offerings are specifically designed to address the increasing consumer demand for “better-for-you” staples that provide significant nutritional benefits without sacrificing traditional taste or the soft texture required for everyday use.