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Oct 31, 2024

Oil-Dri Q1 2025 Earnings Report

Oil-Dri reported record results driven by increased volumes, favorable product mix, and improved operational efficiencies.

Key Takeaways

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.

Consolidated net sales increased by 15% year-over-year, reaching a record $127.9 million.

Gross margins expanded to 32% from 28% in the prior year.

Net income improved by 52% year-over-year, reaching a record $16.4 million.

The Business to Business Products Group's revenues increased by 24%, driven by higher volumes and prices.

Total Revenue
$128M
Previous year: $111M
+14.8%
EPS
$2.25
Previous year: $1.5
+50.0%
Gross Profit
$40.8M
Previous year: $31M
+31.6%
Cash and Equivalents
$12.5M
Previous year: $29.6M
-57.7%
Free Cash Flow
-$1.9M
Previous year: $500K
-479.6%
Total Assets
$350M
Previous year: $289M
+21.3%

Oil-Dri

Oil-Dri

Oil-Dri Revenue by Segment

Forward Guidance

The company believes it is well positioned to continue its upward trajectory, driven by solid execution of growth strategies in the renewable diesel and crystal cat litter markets.

Revenue & Expenses

Visualization of income flow from segment revenue to net income