Oil-Dri Earnings Reports

Oil-Dri delivered strong Q2 2025 results with record revenue of $116.9 million, an 11% increase year-over-year. Net income increased by 4% to $12.9 million, and diluted EPS grew to $0.89. The Business-to-Business segment saw 20% revenue growth, while Retail and Wholesale grew by 6%. Gross profit improved to $34.4 million, marking the 12th consecutive quarter of year-over-year gross profit expansion.

Oil-Dri Corporation of America announced record results for the first quarter of fiscal year 2025, with consolidated net sales reaching a historic high of $127.9 million, a 15% increase over the prior year. The company achieved record quarterly gross profit of $40.8 million, with gross margins expanding to 32%. Net income also reached a record $16.4 million, a 52% improvement over the prior year.

Oil-Dri Corporation of America reported record consolidated net sales of $113.7 million for the fourth quarter of fiscal year 2024, a 6% increase over the prior year. The company also achieved record gross profit for the quarter. Net income attributable to Oil-Dri decreased to $8.5 million compared to $11.9 million in the prior year.

Oil-Dri reported a 1% increase in consolidated net sales, reaching $106.8 million, marking the 12th consecutive quarter of year-over-year sales growth. Gross profit increased by 10% to $30.1 million, with gross margins expanding to 28%. The company's net income attributable to Oil-Dri decreased to $7.8 million from $8.5 million in the same period last year.

Oil-Dri Corporation of America reported record second-quarter results, with a 4% increase in consolidated net sales to $105.7 million and a tripling of net income attributable to Oil-Dri to $12.4 million. Increased sales of renewable diesel and cat litter products drove revenue growth, while strategic initiatives improved gross margins and generated cash for manufacturing investments.

Oil-Dri Corporation of America reported a record first quarter for fiscal year 2024, with net sales reaching $111.4 million, a 13% increase over the prior year, and net income attributable to Oil-Dri doubling to $10.7 million.

Oil-Dri Corporation of America reported record fourth-quarter and fiscal year 2023 results, with consolidated net sales reaching an all-time high. The company saw significant increases in net income and gross profit, driven by pricing actions and strong performance in both the Retail & Wholesale and Business to Business segments. The company also launched Cat’s Pride Antibacterial Clumping Litter.

Oil-Dri Corporation of America reported record third quarter results with record sales, gross profit, and net income, driven by pricing actions and strong demand across multiple product lines.

Oil-Dri reported record high consolidated net sales, surpassing $100 million for the quarter, with revenue growth across product portfolios in both the Retail and Wholesale and Business to Business Products Groups. Net income demonstrated significant growth over the prior year, even with a $2.5 million reserve for anticipated costs relating to proactive capacity modification of Oil-Dri’s sole landfill.

Oil-Dri Corporation of America reported record consolidated net sales and improved profitability for the first quarter of fiscal year 2023. Net sales reached an all-time high, driven by pricing actions and increased demand across multiple product lines. Gross margins expanded, marking the fourth consecutive quarter of margin improvement. Consolidated net income attributed to Oil-Dri showed a strong improvement over the prior year.

Oil-Dri Corporation announced record consolidated net sales for both the fourth quarter and full fiscal year, with margin and profit improvement experienced during the fourth quarter. The company successfully delivered on its strategic objectives to grow its animal health and cat litter businesses, and raised its dividend rate for the 19th consecutive year.

Oil-Dri Corporation of America announced results for its third quarter of fiscal year 2022, with consolidated net sales reaching $86 million, a 12% increase over the same period last year. The company experienced a consolidated operating loss of approximately $4.0 million, due to a one-time non-cash goodwill impairment charge of $5.6 million for the Retail & Wholesale Products Group. Excluding this charge, consolidated operating income for the third quarter of fiscal 2022 was $1.6 million.

Oil-Dri Corporation of America reported record consolidated net sales of $87 million for the second quarter of fiscal 2022, a 17% increase over the prior year. However, consolidated net income attributable to Oil-Dri decreased to $2 million from $4 million in fiscal 2021 due to inflationary pressures and supply chain disruptions.

Oil-Dri Corporation of America announced record high quarterly consolidated net sales of $82.46 million for the first quarter of fiscal year 2022, an 8% increase over the prior year. However, net income attributable to Oil-Dri decreased significantly to $585,000 compared to $3.984 million in the same quarter last year, due to increased cost pressures exceeding price increases.

Oil-Dri Corporation of America reported a 20% increase in net sales for the fourth quarter, reaching a record high of $78.13 million. However, net income attributable to Oil-Dri decreased by 90% to $603,000 compared to the prior year, primarily due to significant cost inflation across all input channels.

Oil-Dri Corporation of America reported flat consolidated net sales for the third quarter of fiscal year 2021, with a decrease in net income attributable to Oil-Dri due to increased costs and reduced gross margins. The company experienced growth in industrial, sports, agricultural, and animal health product sales, but this was offset by lower cat litter sales and higher expenses.

Oil-Dri Corporation of America announced a 5% increase in consolidated net sales for the second quarter of fiscal 2021, reaching $74.5 million, driven by higher demand for cat litter and animal health products. However, net income attributable to Oil-Dri decreased by 11% to $4.3 million due to higher commodity prices, increased freight costs, COVID-19 impacts, and increased investment spending in the animal health business.

Oil-Dri Corporation of America reported a strong first quarter for fiscal year 2021, with net sales reaching $76.1 million, a 7% increase over the prior year, and net income attributable to Oil-Dri increasing by 13% to $4.0 million.

Oil-Dri Corporation of America announced its fourth quarter results for fiscal year 2020, which included a record quarterly net income attributable to Oil-Dri of $5.886 million, despite an 8% decrease in consolidated net sales compared to the prior year. The increase in net income was largely driven by a one-time pre-tax gain of $13 million from an intellectual property license agreement. The company's Retail and Wholesale Group experienced a 9% decrease in revenues, while the Business to Business Group saw a 5% decrease. However, e-commerce business experienced double-digit sales growth.

Oil-Dri Corporation of America reported record net sales of $76.3 million for the third quarter of fiscal 2020, an 8% increase compared to the same period last year. This growth was primarily driven by high demand for cat litter due to the COVID-19 pandemic and strong performance in the Business to Business Group. Consolidated operating income increased by 145% to $5.7 million, while diluted earnings per share were $0.61.

Oil-Dri Corporation of America reported a strong second quarter in fiscal year 2020, with a 2% increase in net sales and a 111% increase in net income attributable to Oil-Dri compared to the same period last year. The company benefited from strong performance in the Retail and Wholesale Products Group, driven by increased cat litter sales and improved margins, while the Business to Business Products Group experienced a slight sales decline.