Company: CRL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001100682-25-000034
Chunk: 34

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 34
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.3)%Unallocated corporate(124,762)(119,594)(5,168)4.3 %0.1 %Total operating income$174,803 $277,629 $(102,826)(37.0)%1.6 %Operating income % of revenue8.7 %13.6 %(490) bps

The following presents and discusses our consolidated financial results by each of our reportable segments:

RMS

Six Months EndedJune 28, 2025June 29, 2024$ change% changeImpact of FX(in thousands, except percentages)Revenue$426,344 $427,296 $(952)(0.2)%— %Cost of revenue (excluding amortization of intangible assets)282,431 283,867 (1,436)(0.5)%Selling, general and administrative52,575 58,490 (5,915)(10.1)%Amortization of intangible assets11,947 11,842 105 0.9 %Operating income$79,391 $73,097 $6,294 8.6 %(0.2)%Operating income % of revenue18.6 %17.1 %150 bps

RMS revenue decreased $1.0 million primarily driven by lower Cell Solutions product revenue and large research model product revenue due to timing of sales; partially offset by an increase in small research models product revenues principally due to price.

RMS operating income increased $6.3 million compared to the corresponding period in 2024. RMS operating income as a percentage of revenue for the six months ended June 28, 2025 was 18.6%, an increase of 150 bps from 17.1% for the corresponding period in 2024. Operating income and operating income as a percentage of revenue increased primarily due to lower charges related to restructuring activities, including asset impairments and site consolidation charges; partially offset by higher amortization related to acquisitions and the impacts of the RMS revenue drivers described above compared to the corresponding period in 2024.

32 

CHARLES RIVER LABORATORIES INTERNATIONAL, INC.

DSA

Six Months EndedJune 28, 2025June 29, 2024$ change% changeImpact of FX(in thousands, except percentages)Revenue$1,210,638 $1,232,871 $(22,233)(1.8)%0.2