UPDATE: Ingredion Incorporated has just announced a significant 7% decline in its third-quarter operating income, raising concerns about its financial outlook. The company reported earnings per share (EPS) of $2.61 and $2.75 for reported and adjusted figures, respectively, compared to $2.83 and $3.05 for the same period last year.
This urgent financial update was revealed today, November 4, 2025, in Westchester, Illinois, during a conference call led by President and CEO Jim Zallie. The company is now adjusting its full-year guidance for reported EPS to the range of $11.11 to $11.31, with adjusted EPS expected between $11.10 and $11.30.
The decline is attributed primarily to operational challenges at its Chicago facility following a fire in June and reduced consumer demand amid rising retail prices. Zallie stated, “The benefits of Ingredion’s diversified business portfolio were evident in the quarter as our Texture & Healthful Solutions segment delivered another strong quarter of sales volume and operating income growth.” This segment achieved a notable 4% increase in sales volume, driven by a surge in demand for clean label ingredient solutions across the U.S. and Asia-Pacific.
However, the Food & Industrial Ingredients (F&II) segment saw a dramatic 18% drop in operating income, largely due to the ongoing fallout from the production challenges in Chicago. The LATAM segment also faced an 11% decrease in operating income, reflecting lower demand from brewing customers and a softening consumer market impacted by inflation and rising interest rates.
Zallie emphasized the company’s commitment to addressing these challenges, stating, “Our strategic pillars continue to guide our focus on delivering profitable growth and accelerating innovation.” Ingredion plans to invest in new specialty solutions to meet evolving customer needs, aiming to capitalize on the growing trend of reformulation in food products.
The company’s overall net sales for Q3 dropped 3% to $1.816 billion, compared to $1.870 billion last year. The decline in sales was driven by lower volumes across the F&II segments, coupled with unfavorable pricing mix effects.
As the company navigates these turbulent waters, it remains committed to returning capital to shareholders through dividends and share repurchases, having paid $54 million in dividends during Q3.
Looking ahead, Ingredion is forecasting continued challenges with consumer demand and operational recovery in its key segments. The updated guidance reflects ongoing uncertainties in global markets, including fluctuating raw material costs and currency impacts.
Investors and market watchers are urged to tune into the live conference call at 8 a.m. CT today to hear more about the company’s strategy moving forward. For further updates, visit Ingredion’s investor relations page.
This urgent financial announcement underscores the critical state of Ingredion’s operations as it adapts to a rapidly changing economic landscape. Stay tuned for more developments as they unfold.
