ODC

Shares of Oil-Dri Corporation of America ODC have gained 17.3% since reporting results for the third quarter of fiscal 2026, outperforming the S&P 500’s 0.2% advance. The stock has also significantly outpaced the broader market over the past month, rising 28.9% against a 0.6% decline for the S&P 500. Oil-Dri reported record fiscal third-quarter net sales of $126.3 million, up 9% from $115.5 million in the prior-year period, while net income increased 25% to $14.5 million from $11.6 million. Diluted earnings per common share rose 25% to $1 from 80 cents a year earlier. Operating income climbed 23% to $17.1 million, and EBITDA increased 17% to $23.8 million. The company attributed the stronger performance to higher sales across both business segments, and lower selling, general and administrative expenses, partially offset by higher production costs. Oil-Dri Corporation Of America price-consensus-eps-surprise-chart | Oil-Dri Corporation Of America Quote The Retail and Wholesale Products Group remained the primary growth engine during the quarter. Segment sales increased 13% year over year to a record $82.5 million, while operating income rose 16% to $11.3 million. Management said that gains were driven largely by cat litter products, supported by strong demand for crystal, lightweight and coarse litter offerings. Co-packaged cat litter sales surged 94%, reaching a record level after the company expanded its portfolio to include lightweight litter products. Domestic cat litter sales, excluding co-packaged products, increased 10% to $57.9 million. The Business-to-Business segment posted more modest growth. Sales increased 3% year over year to $43.8 million, reflecting stronger agricultural and animal health sales, while operating income declined 3% to $13 million as higher costs offset the benefit of increased sales. Agricultural product revenues rose 7% to $12.4 million, while Amlan International, the company’s animal health business, recorded a 10% sales increase to $6.4 million. Fluids purification revenues slipped 1% to $25 million. Despite strong earnings growth, profitability was pressured by higher costs. Gross profit increased only 2% to $33.7 million, and the gross margin narrowed to 26.7% from 28.6% a year earlier. The company cited a 6% increase in domestic cost of goods sold per ton, led by higher purchased material, labor, packaging and transportation expenses. During the earnings call, chief financial officer Susan Kreh noted that the gross margin was affected by a 190-basis-point year-over-year decline as inflationary pressures persisted across several input categories. Offsetting some of those pressures, SG&A expenses declined 13% to $16.6 million due to a lower corporate bonus accrual. This reduction helped operating income grow faster than revenues during the quarter. President and chief executive officer Daniel Jaffee said the company rebounded from two quarters of difficult comparisons and delivered results that exceeded the prior year. He highlighted record revenue growth, disciplined expense management and strong cash generation despite inflationary pressures. Jaffee also noted that while conflict in the Middle East contributed to broader market volatility, it did not materially affect the fiscal third-quarter results. Management emphasized operational resilience following Winter Storm Fern, which disrupted supply chains earlier in the fiscal year. The company reported a 99.9% fill rate during the quarter and reduced backlog by $2.2 million, shifting some revenue recognition into the fiscal third quarter. During the earnings call, Jaffee said that investments made over the past several years in manufacturing infrastructure helped the company maintain customer service levels and earn supplier recognition from major customers. Oil-Dri continued to generate substantial cash. Cash and cash equivalents totaled $62.9 million at April 30, 2026, up from $50.5 million at the end of fiscal 2025. For the first nine months of fiscal 2026, the operating cash flow reached $53.2 million. Management said that strong cash generation supported capital investments, dividends and share repurchases while maintaining balance-sheet strength. Management expressed confidence in achieving its fiscal 2026 plan and surpassing the prior year’s net income. However, the company cautioned that geopolitical uncertainty, particularly in the Middle East, along with potential increases in transportation and input costs, could create headwinds in the final quarter of the fiscal year. Oil-Dri announced a 10% increase in its quarterly dividend, marking its 23rd consecutive year of dividend growth. The board declared dividends of 22.5 cents per common share and 16.8 cents per Class B share. In addition, the board authorized the repurchase of up to 500,000 shares of common stock, supplementing previously authorized repurchase capacity. Management said that the actions reflect confidence in the company’s prospects and commitment to long-term shareholder returns. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oil-Dri Corporation Of America (ODC): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Oil-Dri Corporation of America recently reported third-quarter 2026 results showing higher sales of US$126.33 million and net income of US$14.53 million, alongside a two-cent quarterly dividend increase and an expanded share repurchase authorization. This combination of stronger cat litter-driven earnings, a 23rd consecutive year of dividend growth, and continued buybacks highlights management’s focus on returning cash to shareholders while growing the core business. Next, we’ll examine how the strong cat litter demand and dividend hike influence Oil-Dri’s investment narrative for long-term-oriented investors. AI is about to change healthcare. These 39 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. To own Oil-Dri, you really have to believe in its niche cat litter and absorbents business as a steady cash generator, backed by disciplined capital allocation. The latest quarter reinforced that story: cat litter demand helped lift sales to US$126.33 million and net income to US$14.53 million, while management paired a 10% dividend hike with another step up in buybacks. Those moves support the near-term catalyst of shareholder returns, especially after a very large multi‑year total return and a sharp share price run-up this year. At the same time, they sharpen existing risks. With the stock already trading on a richer earnings multiple and some recent insider selling, Oil-Dri has less room for operational missteps or a cooling in litter volumes before sentiment turns. Investors should also consider how rising capital returns may interact with already elevated expectations. Oil-Dri Corporation of America's shares are on the way up, but they could be overextended by 17%. Uncover the fair value now. Explore 3 other fair value estimates on Oil-Dri Corporation of America - why the stock might be worth 37% less than the current price! Disagree with this assessment? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Oil-Dri Corporation of America research is our analysis highlighting 1 key reward and 1 important warning sign that could impact your investment decision. Our free Oil-Dri Corporation of America research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Oil-Dri Corporation of America's overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: This technology could replace computers: discover 29 stocks that are working to make quantum computing a reality. The latest GPUs need a type of rare earth metal called Terbium and there are only 26 companies in the world exploring or producing it. Find the list for free. Invest in the nuclear renaissance through our list of 88 elite nuclear energy infrastructure plays powering the global AI revolution. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ODC. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Interested in Oil-Dri Corporation Of America? Here are five stocks we like better. Oil-Dri posted solid Q3 fiscal 2026 growth, with net sales up 9% year over year to $126 million and operating income rising 23%, driven by stronger demand and lower SG&A costs. Cat litter was the main growth driver, as Retail and Wholesale Products sales increased 13% and domestic cat litter sales rose 10%, helped by record crystal litter sales and new product launches. Margins remain under pressure despite the top-line gains, due to higher materials, labor, packaging and transportation costs, while management said heavy capital spending is also lifting depreciation and limiting margin expansion. Microcap Oil-Dri Corporation Is A Buy For Income Investors Oil-Dri Corporation Of America (NYSE:ODC) reported stronger fiscal third-quarter sales and operating income, while management cautioned that higher costs and an ongoing capital investment cycle are continuing to pressure margins. On the company’s Q3 fiscal 2026 earnings webcast, Chief Financial Officer and Chief Information Officer Susan Kreh said net sales rose 9% year over year to $126 million. Income from operations increased 23% from the prior-year quarter, helped by top-line growth and lower selling, general and administrative costs. → Meta Unveils Subscriptions: A New Offering With Real Growth Potential Pay Attention To Microcap Oil-Dri Corporation Kreh said the quarter marked the year-over-year momentum management had expected in the second half of fiscal 2026, after tougher comparisons in the first half of the year. “That is what happened during our third fiscal quarter,” Kreh said. → Planet Labs: Coming Back Down to Earth Can High Yield Oil-Dri Shake Off Its Inflation Woes? Kreh said Oil-Dri’s Retail and Wholesale Products Group posted significant growth in cat litter, with sales up 13% from the same quarter last year. The increase was driven by higher demand across coarse, lightweight, co-packaged and crystal products. She said the company expanded its co-packaged offering to include lightweight litter, while crystal cat litter volumes reached record sales levels. Laura Scheland, vice president and general manager of the Consumer Products Division, said domestic cat litter sales, excluding co-packaged products, increased 10% year over year in the third quarter. She attributed the gain to higher demand, a shift of orders from the third quarter caused by delays from Winter Storm Fern, category growth tied to increased cat ownership, and stronger sales of crystal, lightweight and coarse litter. → The Energy Trade Is Bigger Than Oil Prices: 3 Stocks to Buy and 2 to Sell Scheland said crystal cat litter reached a company record for quarterly sales, supported by both private label and branded products. She also said Oil-Dri launched new Cat’s Pride pail items, Cat’s Pride Max Power Pro as an e-commerce exclusive, and multiple private label clay items during fiscal 2026. Management also pointed to growth in agricultural and animal health businesses within the business-to-business products group. Wade Robey, vice president of agriculture and president of Amlan International, said Amlan had been focused on regaining share at a key account lost earlier in the year and expanding business with new and existing customers. “We haven’t 100% regained that key account, but we’ve gotten a foothold in there again and are seeing that business grow,” Robey said. He added that Amlan has expanded its customer base across each world area it serves and said the long-term outlook is “very good.” Despite the sales and operating income growth, Kreh said gross margin was unfavorably impacted by a 190-basis-point reduction compared with the prior-year quarter. Domestic cost per ton of goods sold increased 6% year over year, driven by higher purchased materials, labor, packaging and transportation costs. Kreh said Oil-Dri is addressing those pressures through productivity initiatives, cost reductions, work with customers to identify savings and pricing adjustments where needed. President and Chief Executive Officer Daniel Jaffee said investors should expect continued margin pressure as the company’s depreciation catches up with elevated capital spending. He said Oil-Dri averaged about $15 million in annual capital expense and $13 million in depreciation from fiscal 2017 to fiscal 2021. Over the past five years, he said the company has spent almost $32 million per year in capital, while depreciation has averaged $15.5 million and is now running at an annualized pace of about $22.5 million. Jaffee said the investments were aimed at improving facilities to maintain service and product quality for customers, not expanding margins. He pointed to a 99.9% fill rate in the quarter as evidence of the company’s operational performance, saying Oil-Dri shipped 999 pallets for every 1,000 ordered. “Zero in on the cash generation, and that’s where you’ll see what’s going on here at Oil-Dri,” Jaffee said. Kreh said Oil-Dri generated $25 million of net cash provided by operating activities during the fiscal third quarter. She said the cash flow supports continued investments in the business as well as returns to stakeholders. The company’s board raised the quarterly dividend to $0.225 per common share, payable Aug. 21, 2026. Kreh said the increase represents a 10% rise over the most recent dividend paid and follows another dividend increase announced in December 2025. “We understand the sustainability and predictability of our dividend, along with profitable growth, is important to our long-term shareholders and to our customers,” Kreh said. In fluid purification, management said sales were down 1% year over year in the third quarter, but Bruce Patsey, vice president of fluid purification, said the North American business had a strong quarter. He attributed the overall decline to export markets, where a higher-quality crop required less clay for processing oil, rather than to lost business. Patsey said the company is seeing increased business from mineral oil processing into jet fuel amid the Middle East conflict, as refinery margins remain high. He also said sustainable aviation fuel customers are seeing higher business levels, which is supporting Oil-Dri sales, and that additional SAF capacity expected over the next 12 months could help drive future demand. Looking ahead, Patsey said demand in the fluid purification market remains healthy, with new plants coming in North America in both renewable and vegetable oil sectors. He described the market as stable over the next 12 to 18 months, citing tax incentives for renewable fuel production. Jaffee said Oil-Dri’s vertical integration and mineral reserves remain central to its strategy. He said the company is committed to maintaining 40 years of reserves in all product lines and has more than 100 years of reserves in total. Mervyn de Souza, vice president of research and development, said the R&D team is exploring opportunities to use Oil-Dri’s sorbent minerals in new applications and improve existing products. He said the company is also evaluating artificial intelligence to improve efficiency, vet technology more quickly and assess market attractiveness. Jaffee declined to discuss specific future initiatives but said the company remains focused on creating value from calcium bentonite and sorbent minerals. Oil-Dri Corporation of America is a specialty materials company that develops, manufactures and markets sorbent and filtration products for industrial, environmental and consumer applications. Its flagship offerings include clay- and diatomaceous earth–based cat litters, calcium silicate absorbents for spill control and cleanup, and purification media designed to remove contaminants from petroleum, chemical and food-processing streams. Founded in 1941 and headquartered in Chicago, Illinois, the company has evolved from a single-product operation into a diversified provider of mineral- and chemical-based solutions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Oil-Dri Corporation Of America Q3 Earnings Call Highlights" was originally published by MarketBeat. 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This article first appeared on GuruFocus. Release Date: June 09, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Oil-Dri Corp of America (NYSE:ODC) reported a 9% increase in net sales for the third quarter compared to the same period last year, driven by strong demand in both retail and business-to-business segments. The company experienced significant growth in cat litter sales, with a 13% increase over the previous year, particularly in lightweight and crystal products. Income from operations increased by 23% year-over-year, supported by top-line growth and a reduction in selling, general, and administrative costs. Strong cash generation was highlighted, with $25 million of net cash provided by operating activities during the fiscal third quarter. The board of directors announced a 10% increase in the dividend, reflecting confidence in the sustainability of cash flow generation. Oil-Dri Corp of America (NYSE:ODC) faced cost pressures on gross margins, with a 190 basis point reduction compared to the previous year, due to increased costs in materials, labor, packaging, and transportation. Domestic cost per ton of goods sold increased by 6% year-over-year, impacting profitability. The company is experiencing elevated promotional activity and competitive pricing pressure in the cat litter category. There was a slight decline in sales of fluid purification products, attributed to the quality of last year's crop, which required less clay for processing. The company continues to face challenges in regaining a key account in the Amlin business, although progress has been made in expanding the customer base. Warning! GuruFocus has detected 2 Warning Signs with UEC. Is ODC fairly valued? Test your thesis with our free DCF calculator. Q: What do you attribute the elevated cat litter demand to? A: Laura Schielen, VP and General Manager of the Consumer Products Division, explained that the 10% year-over-year increase in domestic cat litter sales was driven by higher demand and a shift of orders due to delays from winter storm burn. Growth in the category is attributed to increased cat ownership and higher sales of crystal, lightweight, and coarse litter products. Record sales were achieved in crystal cat litter, driven by both private label and branded products. Q: Are the new Amlin international sales accounts likely to be repeat customers with potential to expand their purchase volumes? A: Wade Roby, VP of Agriculture and President of Amlin International, stated that while they haven't fully regained a key account, they have expanded their business base by bringing on new customers across all world areas. This expansion, along with regaining some share at the key account, contributes to a strong outlook for the business. Q: Has Oil-Dri seen a pickup in demand from its biofuel-producing customers due to the Middle East conflict? A: Bruce Pacey, VP of Fluids Purification, noted an increase in business in the mineral oil segment processed into jet fuel, driven by high margins at refineries. There is also increased business from SAF-producing plants, with expectations for more plants to add SAF capacity in the next 12 months. Q: How are you adapting artificial intelligence in the Innovation Lab, and will it lead to faster product introductions? A: Mervyn D'Souza, VP of Research and Development, mentioned that the R&D team is exploring AI to increase efficiency and effectiveness, enhancing their ability to rapidly vet technology and assess market attractiveness. Q: Are you still experiencing increased competitor activity with higher trade spending levels in the cat litter category? A: Laura Schielen confirmed ongoing elevated promotional activity and competitive pricing pressure. The company is navigating this with strategic trade spending, marketing, and advertising, including a campaign to donate cat litter to shelters, which resonates with customers and consumers. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

CHICAGO, June 08, 2026 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its third quarter and first nine- months of fiscal year 2026. * Comprised of Consolidated Operating Income less unallocated corporate expenses.† Please refer to Reconciliation of Non-GAAP Financial Measures below for a reconciliation of Non-GAAP items to the comparable GAAP measures. Daniel S. Jaffee, President and Chief Executive Officer, stated, “I am pleased to announce that after two consecutive quarters of challenging year-over-year comparisons, our recent results surpassed the prior year. Record third quarter consolidated net sales grew 9% and, combined with disciplined expense management, drove a 25% increase in net income despite inflationary pressure on cost of goods sold. Substantial cash generation also enabled us to continue returning value to our shareholders. While the ongoing conflict in the Middle East has contributed to broad market volatility, it did not have a material impact on our results for the third quarter. As we move into the final three months of our fiscal year, we expect to achieve our annual plan and surpass last year’s net income, although ongoing geopolitical unrest and related increases in transportation and input costs could create headwinds that may affect our ability to do so.” Consolidated Results As previously reported, the Company was impacted by Winter Storm Fern in January 2026, which disrupted Oil-Dri’s supply chain and affected customers’ ability to receive or pick up orders. Following the storm, operations recovered quickly, and service levels remained strong. During the third quarter of fiscal year 2026, the Company achieved fill rates of 99.9%, reflecting operational resilience. As a result, our backlog declined by $2.2 million from the end of the prior quarter, causing a shift in revenue recognition into the third quarter of fiscal year 2026. Consolidated net sales for the three months ended April 30, 2026 reached $126.3 million, up 9% from the prior year period. Higher revenues were achieved across both the Business to Business ("B2B") and Retail & Wholesale ("R&W") Products Groups, with elevated cat litter demand driving the majority of the growth. Consolidated gross profit for the third quarter of fiscal year 2026 was $33.7 million, an increase of 2% over the prior year. Gross margins were 26.7% in the third quarter of fiscal year 2026 compared to 28.6% in the same period in fiscal year 2025. A 6% increase in per ton domestic cost of goods sold contributed to the erosion in margin. Selling, general and administrative ("SG&A") expenses were $16.6 million during the third quarter of fiscal year 2026 compared to $19.1 million in the prior year. This $2.5 million, or 13%, decline primarily resulted from a lower corporate bonus accrual. Consolidated income from operations was $17.1 million in the third quarter of fiscal year 2026, or 23% greater than the same period in fiscal year 2025. Higher sales coupled with lower SG&A expenses were partially offset by elevated per ton cost of goods sold. Total other income, net was $800,000 for the three months ended April 30, 2026, compared to $300,000 in the same period last year. During the third quarter of fiscal 2026, income tax expense rose to $3.4 million from $2.6 million in the prior-year period, driven by higher pre-tax income. Consolidated net income for the third quarter of fiscal year 2026 was $14.5 million versus $11.6 million last year, representing a 25% improvement over the prior year. Cash and cash equivalents for the three month period ended April 30, 2026 totaled $62.9 million compared to $50.5 million at the end of fiscal year 2025. Significant uses of cash during the third quarter of fiscal 2026 include capital investments for manufacturing infrastructure improvements and dividends. Product Group Review The B2B Products Group’s third quarter fiscal year 2026 revenues were $43.8 million, up 3% from the prior year. Year-over-year topline growth was generated by the Company’s agricultural and animal health businesses, while revenues from fluids purification products declined slightly. Sales of agricultural products reached $12.4 million, a 7% increase over last year, driven by elevated demand from new and existing customers and from order timing. Amlan International, Oil-Dri’s animal health business, reported sales of $6.4 million during the third quarter of fiscal 2026, up 10% over the prior year. This improvement was attributable to higher volumes, including additional demand from new end-user accounts gained during the year, as well as from the successful recovery of a portion of a distributor’s previously lost sales from a key customer. Revenues from fluids purification products totaled $25.0 million in the third quarter of fiscal year 2026, reflecting a relatively steady performance, albeit a decrease of 1% from the prior year. SG&A expenses within the B2B Products Group for the third quarter of fiscal year 2026 remained flat compared to the same period last year. Operating income for the B2B Products Group was $13.0 million in the third quarter of fiscal year 2026 compared to $13.4 million in the prior year period, reflecting a decrease of 3%. Higher net sales were offset by elevated cost of goods sold. The R&W Products Group delivered record sales of $82.5 million in the third quarter of fiscal year 2026, up 13% from the prior year. Gains were primarily driven by higher revenues from cat litter, and to a lesser extent, from industrial and sports products. Domestic cat litter sales, excluding co-packaged products, totaled $57.9 million for the third quarter of fiscal year 2026, up 10% from the prior year period. This improvement was primarily due to higher demand and the shift of orders into the third quarter caused by delays from Winter Storm Fern. Crystal cat litter volumes reached record levels, and sales of lightweight and coarse litter products increased over the prior year. In addition, co-packaged cat litter sales surged 94% to a new record high in the third quarter, supported by an expanded product portfolio that now includes lightweight litter. These results are consistent with 13-week retail data ended April 18, 20261, which showed that the lightweight litter segment again outperformed the overall cat litter category. Domestic industrial and sports products achieved record sales of $12.7 million for the third quarter of fiscal year 2026, up 3% from the third quarter of fiscal year 2025. Growth was driven by pricing actions to offset higher costs. The Company’s Canadian subsidiary reported a 2% revenue increase in the third quarter of fiscal year 2026 compared to the same period last year. During the third quarter of fiscal 2026, SG&A expenses within the R&W Products Group decreased by $500,000, or 9%, from the prior year, primarily due to the timing of advertising spending. Operating income for the R&W Products Group was $11.3 million in the third quarter of fiscal year 2026, an increase of 16% compared to the same period last year. Higher sales and decreased SG&A expenses drove this improvement. The Company will host its third quarter fiscal year 2026 earnings discussion virtually via a live webcast on Tuesday, June 9, 2026 at 10:00 a.m. Central Time. Participation details are available on the Company’s website’s Events page. “Oil-Dri” and “Amlan” are registered trademarks of Oil-Dri Corporation of America and its subsidiaries. 1Based in part on data reported by NielsenIQ through its Scantrack Service for the Cat Litter Category in the 13-week period ended April 18, 2026, for the U.S. xAOC+Pet Supers market. Copyright © 2026 NielsenIQ. About Oil-Dri Corporation of AmericaOil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. Oil-Dri is vertically integrated which enables the Company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With over 80 years of experience, the Company continues to fulfill its mission to Create Value from Sorbent Minerals. Forward-Looking StatementsCertain statements in this press release may constitute forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Our forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are based on management’s current expectations, estimates, forecasts, assumptions and projections about future events, our future performance, the future of our business, our plans and strategies, projections, anticipated trends, the economy and other future developments and their potential effects on us. In addition, we, or others on our behalf, may make forward-looking statements in other press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls and conference calls. Forward-looking statements can be identified by words such as “expect,” “outlook,” “forecast,” “would,” “could,” “should,” “project,” “intend,” “plan,” “continue,” “believe,” “seek,” “estimate,” “anticipate,” “may,” “assume,” “potential,” “strive,” and variations of such words and similar references to future periods. Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated, intended, expected, believed, estimated, projected, planned or otherwise expressed in any forward-looking statements, including, but not limited to, those described in our most recent Annual Report on Form 10-K and from time to time in our other filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, changes in assumptions, or otherwise. Non-GAAP Financial MeasuresTo supplement our consolidated financial statements prepared in accordance with generally accepted accounting principles (“GAAP”), we provide certain non-GAAP financial measures in this press release as supplemental financial metrics. In particular, EBITDA is a non-GAAP financial measure provided herein. We provide a reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure below. The non-GAAP financial measures we use may not be the same or calculated in the same manner as those used and calculated by other companies. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for our financial results prepared and reported in accordance with GAAP. We believe that certain non-GAAP measures may be helpful to investors and others in understanding and evaluating our operating results, and we urge investors to review the reconciliation of non-GAAP financial measures to the comparable GAAP financial measures included in this release, and not to rely on any single financial measure to evaluate our business. Contact:Leslie A. GarberDirector of Investor RelationsOil-Dri Corporation of [email protected] (312) 321-1515

Ellen-Blair Chube, a director at Oil-Dri Corporation of America (NYSE:ODC), reported the sale of 1,390 shares of common stock in an open-market transaction valued at approximately $102,000, according to the SEC Form 4 filing. Transaction value based on SEC Form 4 reported price ($73.06). What proportion of Ellen-Blair Chube's direct stake was affected by this transaction? This sale accounted for 13.5% of her directly held common shares, reducing her position from 10,320 to 8,930 shares as of April 22, 2026. How does this trade compare with Chube's prior open-market sales in terms of size? The 1,390-share sale is the smallest among her last three open-market transactions, with previous sales involving 3,500 and 2,500 shares, respectively; the decrease is attributable to her declining available holdings. Did this transaction involve any indirect holdings or derivative securities? No; all shares sold were held directly, and there were no reported trades through indirect entities or derivative exercises. As of April 22, 2026, the company's shares had appreciated roughly 75% over the prior year, and this sale was executed at a reported price of $73.06 per share. * 1-year performance calculated using April 22nd, 2026 as the reference date. ODC offers mineral-based sorbent products for agriculture, animal health, industrial absorbents, cat litter, and sports field applications, marketed under brands such as Agsorb, Cat's Pride, and Pro's Choice. The firm generates revenue by manufacturing and distributing specialty chemical and absorbent products to both retail and business-to-business customers across multiple end markets. Its primary customers include mass merchandisers, wholesale clubs, pet specialty retailers, industrial distributors, animal feed manufacturers, and processors of edible and petroleum-based oils. Oil-Dri Corporation of America is a specialty chemicals company with a diversified portfolio of sorbent and mineral-based products serving industrial, agricultural, and consumer markets. The company's integrated business model leverages proprietary formulations and established brands to capture value across both retail and business-to-business channels. Scale in manufacturing and broad distribution underpin Oil-Dri's competitive position in the absorbents and specialty chemicals sector. Oil-Dri’s stock surge over the past year might explain why an insider who otherwise doesn’t have a huge history of selling would choose to take some profits; however, the move doesn’t seem to raise any red flags. The company recently reported record second-quarter revenue of $117.7 million, up about 1% even though net income dipped by 3% to $12.6 million, with operating income down by 10%. Growth has been bolstered by pricing and product mix, especially in agriculture and cat litter, but margins are under pressure from higher input costs (with domestic cost of golds sold up 4%) and operational challenges, including a winter storm that caused shipment delays. Still, the underlying earnings are stable, and for long-term investors, this seems more like an opportunity for recalibration than a warning sign. Oil-Dri still holds a strong position in sorbent minerals and caters to diverse end markets, and steady execution will matter more than a sale like this. Before you buy stock in Oil-Dri Of America, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Oil-Dri Of America wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $498,522!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,276,807!* Now, it’s worth noting Stock Advisor’s total average return is 983% — a market-crushing outperformance compared to 200% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of April 27, 2026. Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Oil-Dri Of America. The Motley Fool has a disclosure policy. Oil-Dri Insider Sells $102K in Stock After 75% Surge and Record Second-Quarter Revenue was originally published by The Motley Fool

Shares of Oil-Dri Corporation of America ODC have declined 1.7% since reporting results for the second quarter of fiscal 2026. This compares with the S&P 500 index’s 2.1% fall over the same time frame. Over the past month, the stock has gained 1.7% against the S&P 500’s 2.9% slip. Oil-Dri reported modest top-line growth but slightly lower profitability for the quarter ended Jan. 31, 2026. Consolidated net sales were $117.7 million, up 1% from $116.9 million in the year-ago period. Net income came in at $12.6 million, down 3% from $12.9 million a year earlier, while diluted earnings per share slipped 2% to 87 cents from 89 cents. Operating income declined 10% year over year to $15.7 million. The company also reported EBITDA of $21.7 million, down 2% from $22.2 million in the prior-year quarter. Oil-Dri Corporation Of America price-consensus-eps-surprise-chart | Oil-Dri Corporation Of America Quote Oil-Dri’s results reflected mixed performances across its two main product groups: Business to Business (B2B) Products and Retail & Wholesale (R&W) Products. The B2B Products Group posted fiscal second-quarter net sales of $42 million, down 3% from the prior year. Segment operating income declined 18% to $11.8 million from $14.3 million. Within the segment, the company’s agricultural business stood out with strong growth. Sales in this area rose 23% year over year to $11.2 million, driven by a favorable product mix, pricing and increased demand. However, this strength was offset by weakness in other areas, particularly animal health and fluid purification. Amlan International, Oil-Dri’s animal health division, reported quarterly sales of $5.3 million, representing a sharp 32% decline from the prior year due to lost volume following the loss of a distributor’s key customer. Revenues from fluids purification products also slipped 4% year over year to $25.5 million amid softer demand related to renewable diesel filtration, though higher sales tied to edible oil and jet fuel purification partially mitigated the decline. The Retail & Wholesale Products Group performed more strongly. Net sales in this segment rose 3% year over year to $75.8 million, supported primarily by higher sales of co-packaged and domestic cat litter products. Segment operating income, however, decreased 5% to $10.8 million from $11.3 million in the prior-year quarter. Co-packaged cat litter sales increased 31% from a year earlier due to expanded offerings that now include lightweight litter products. Meanwhile, domestic cat litter revenues, excluding co-packaged products, totaled $56 million, representing a 0.5% year-over-year gain, supported by increased demand for crystal cat litter products. Management characterized the quarter as consistent with expectations despite several operational challenges. President and CEO Daniel Jaffee said the company faced “challenging year-over-year comparisons” and operational disruptions from a severe winter weather event that temporarily affected production and shipments. According to Jaffee, Winter Storm Fern forced temporary shutdowns at several facilities, disrupted supply chains and delayed shipments near the end of the quarter. Despite those headwinds, he highlighted that the company still achieved the highest fiscal second-quarter consolidated net sales in its history, with strength in the agricultural and cat litter businesses supporting results. During the earnings call, management also emphasized the company’s resilience in navigating the weather disruption. Executives highlighted the role of the company’s plant network and operational flexibility in maintaining customer service despite outages at several facilities. Several factors affected Oil-Dri’s profitability in the quarter. Gross profit declined 6% year over year to $32.3 million, while the gross margin contracted to 27.4% from 29.5% in the prior-year period. The primary driver of this margin compression was a 4% increase in domestic costs of goods sold per ton. Operating income also declined due to these higher production costs and storm-related disruptions that reduced fixed-cost absorption. However, slightly higher sales and a reduction in selling, general and administrative expenses helped partially offset the impacts. SG&A expenses declined 2% to $16.6 million due to lower corporate bonus accruals. Other income also improved meaningfully, shifting to a small gain against expenses in the prior year due to foreign-exchange gains and reduced landfill modification costs. Management expressed confidence in the company’s outlook despite the near-term disruptions. Jaffee stated that Oil-Dri remains on track with its annual plan and expects the business to continue executing its strategic initiatives to support long-term growth. He added that if current trends continue, the company anticipates surpassing last year’s annual net income. During the earnings call, executives also highlighted ongoing innovation and product launches in the consumer products segment, including additional Cat’s Pride crystal litter offerings and a newly launched health-monitoring cat litter product designed to expand the brand’s presence in premium categories. Oil-Dri continued to return capital to shareholders during the period. The company repurchased more than 150,000 shares for the first six months of 2026, reflecting management’s confidence in the long-term outlook of the business. Cash and cash equivalents totaled $46.9 million at the end of the quarter, down from $50.5 million at the end of fiscal 2025, reflecting capital investments in manufacturing infrastructure improvements, share repurchases and dividend payments. Overall, while Oil-Dri delivered record fiscal second-quarter revenues and continued growth in several product categories, margin pressure, weather-related disruptions and weakness in certain B2B businesses weighed on earnings performance in the quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oil-Dri Corporation Of America (ODC): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research