Oil-Dri Corporation of America

Oil-Dri Corp. of America develops, manufactures, and markets sorbent products. It operates through the Retail and Wholesale Products Group, and Business to Business Products Group segments. The Retail and Wholesale Products Group segment operates merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product users. The Business to Business Products Group segment focuses on processors and refiners of edible oils, petroleum-based oils and biodiesel fuel, manufacturers of animal feed and agricultural chemicals, distributors of animal health and nutrition products, and marketers of consumer products. The company was founded by Nick Jaffee in 1941 and is headquartered in Chicago, IL.

Earnings data Q2 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

ODC reports strong Q1 earnings, plans stock buyback program

ODC's strong quarter and cash generation prompt plans to restart the stock buyback program. Amlan's positive performance and growth potential are key highlights. The company's strategic approach to business decisions and efforts to drive higher sales of specific products are notable.

Oil-Dri surpasses $100M revenue milestone, focuses on growth opportunities

Oil-Dri Corporation of America delivered a strong performance in Q2 FY 2023, surpassing revenue milestones and maintaining a healthy gross margin. While facing challenges such as one-time charges and competitive pressures, the company remains focused on growth opportunities in key segments. Oil-Dri's strategic initiatives and commitment to shareholder value position it well for future growth and value creation.

Oil-Dri Corporation of America (ODC) reports strong Q3 performance and hints at stock buyback program restart

Oil-Dri Corporation of America (ODC) had a strong quarter with record achievements in on-time shipments and gross profit margin growth. The company's focus on teamwork, cash generation, and strategic investments positions it well for future growth and value creation.

Oil-Dri Corp reports record sales and profits, poised for growth

Oil-Dri Corporation of America's Q4 2023 earnings call reflects a strong financial performance, strategic growth initiatives, and resilience in overcoming challenges.
The company's focus on innovation, market responsiveness, and operational efficiency positions it well for future growth and success in the industry.
With a solid foundation in place and opportunities for expansion, Oil-Dri Corporation of America is poised for continued success and value creation for stakeholders.

Oil-Dri Corp excels in fiscal '23, eyes growth in renewable energy and sustainable food

Oil-Dri Corporation of America showcased robust financial performance, emphasizing innovation and strategic investments in renewable energy and animal nutrition. The company faces challenges in managing inflation impacts and staying aligned with market trends, but sees significant growth opportunities in the renewable diesel and clean food production sectors.

Oil-Dri reports record Q2 sales and profit growth, eyes future challenges

Oil-Dri Corporation of America (ODC) delivered a robust performance in Q2 2024, marked by record net sales and improved gross profit margins. While facing challenges related to aging infrastructure and cash generation, the company remains focused on sustaining growth through strategic investments.

Oil-Dri Corp reports record earnings, eyes growth in acquisitions and renewables

Oil-Dri Corp's Q3 earnings call highlights robust financial performance, strategic acquisitions, and optimism for future growth. Challenges in animal health sales are acknowledged, but opportunities in renewable diesel and acquisitions are emphasized. The company remains focused on creating value and maintaining financial discipline.

Oil-Dri Corp achieves record sales, plans stock split for growth

Oil-Dri Corporation of America delivered robust financial performance in fiscal year 2024, driven by record net sales and successful integration of Ultra Pet.
Despite upcoming changes in SEC reporting and potential challenges with the stock split, the company remains well-positioned for growth and operational efficiency.
With opportunities stemming from the Ultra Pet acquisition, enhanced liquidity, and expanded credit facilities, Oil-Dri is poised to capitalize on market potential and drive shareholder value.

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Oil-Dri Corp. of America develops, manufactures, and markets sorbent products. It operates through the Business to Business Products Group and Retail and Wholesale Products Group segments. The Business to Business Products Group segment’s customers include processors and refiners of edible oils, petroleum-based oils and biodiesel fuel, manufacturers of animal feed and agricultural chemicals, distributors of animal health and nutrition products, and marketers of consumer products. The Retail and Wholesale Products Group segment customers include merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product users. The company was founded by Nick Jaffee in 1969 and is headquartered in Chicago, IL.

CHICAGO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) recently announced to its customers that it will implement price increases on its industrial, automotive, and sports field products effective today, November 1, 2024. These price increases will range from 5% to 8%, depending on the product.

Oil-Dri Announces Price Increases on its Industrial, Automotive, and Sports Field Products

CHICAGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced today that it expects to release earnings for its first quarter of fiscal year 2025 after the close of the U.S. stock market on Monday, December 9, 2024. The Company will host its first quarter fiscal year 2025 earnings discussion and its fiscal year 2024 Annual Meeting of Stockholders virtually via a live webcast on Wednesday, December 11, 2024 at 9:30 a.m. Central Time. The record date for voting eligibility at the Annual Meeting was Monday, October 14, 2024.

Oil-Dri to Host First Quarter 2025 Earnings Discussion and Fiscal Year 2024 Annual Meeting of Stockholders via Live Webcast

CHICAGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Amlan® International, the animal health business of Oil-Dri® Corporation of America (NYSE: ODC) and a global leader in mineral-based feed additives that optimize the intestinal health of poultry and livestock, is pleased to announce its partnership with VetPro as a new distributor in Brazil. VetPro, a rising company located in North-East Brazil, is poised to play a central role in driving the adoption of Amlan's innovative products, particularly Calibrin-Z® and Varium®, to meet the demands of the Northern Brazilian market.

Amlan International and VetPro Forge Strategic Distributor Alliance to Drive Innovation in Animal Health Across Northern Brazil

CHICAGO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Amlan International, a leading innovator in mineral-based feed additives for poultry and livestock production, is excited to announce the appointment of Mr. Pinyo Kantasakorn as Regional Sales Manager for the Asia Pacific region. With extensive experience in sales in the animal nutrition sector, Pinyo will play a vital role in driving Amlan's growth and expanding its market presence in the Asia Pacific region.

Amlan International Welcomes Pinyo Kantasakorn as Regional Sales Manager – Asia Pacific

Higher costs and increased tax expenses hurt ODC's earnings in Q4.

Oil-Dri Reports Y/Y Earnings Decline and Sales Increase in Q4

Oil-Dri Corporation of America (NYSE:ODC ) Q4 2024 Earnings Conference Call October 11, 2024 10:00 AM ET Company Participants Dan Jaffee - President & CEO Leslie Garber - Director, IR Chris Lamson - Group VP, Retail & Wholesale Susan Kreh - CFO & CIO Wade Robey - VP, Ag & President, Amlan International Aaron Christiansen - VP of Operations Laura Scheland - Chief Legal Officer and Vice President and General Manager of the Consumer Products Division Conference Call Participants Operator Good day, and thank you for standing by. Welcome to the Oil-Dri Corporation of America Fourth Quarter and Fiscal Year 2024 Earnings Discussion.

Oil-Dri Corporation of America (ODC) Q4 2024 Earnings Call Transcript

Oil-Dri Corporation of America's revenue increased by 5.9% in Q4 2024, driven by higher prices and the acquisition of Ultra Pet. Despite a drop in net income, operating cash flow and EBITDA improved significantly year over year, showcasing robust financial health. Shares remain attractive due to their low valuation compared to similar firms, and the company's strong cash flow and minimal net debt.

Oil-Dri Corporation of America: Attractive Growth Continues While Shares Remain Undervalued

CHICAGO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its fourth quarter and fiscal year 2024.

Oil-Dri Announces Record Sales and Gross Profit for the Fourth Quarter and Achieves Highest Annual Net Income in Company History

CHICAGO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.31 per share of the Company's Common Stock and $0.233 per share of the Company's Class B Stock and approved a two-for-one stock split in the form of a stock dividend.

Oil-Dri's Board of Directors Declares Quarterly Dividends and Approves Two-for-One Stock Split

CHICAGO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Out of 350 nominees, Oil-Dri Corporation of America (NYSE: ODC), headquartered in Chicago, has been selected as one of the Top 100 Finalists in the running for the 23 rd annual Chicago Innovation Awards. The awards celebrate the most innovative new products and services in the Chicago region across all organization sizes, sectors and industries. Over 700 business and civic leaders will come together to honor the winners when they are announced on November 14, 2024 at the UIC Forum.

Oil-Dri Named One of the Top 100 Finalists for the 23rd Annual Chicago Innovation Awards

CHICAGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced today that it will change the timing of the previously announced fourth quarter and fiscal year 2024 live webcast and extend the duration of the earnings discussion to 45 minutes. The Company will now host its webcast on Friday, October 11, 2024, at 9:00 a.m. Central Time instead of at 10:00 a.m. Central Time. The date and webcast participation information remain unchanged.

Oil-Dri Announces Time Change for Fourth Quarter and Fiscal Year 2024 Live Webcast

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CHICAGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Amlan International, a leading innovator in mineral-based feed additives for poultry and animal production, is pleased to announce the appointment of Marty Thompson as Southwest Key Accounts Manager for the U.S. Marty joins Amlan with extensive experience in the livestock and feed industry, bringing a proven track record of success and a passion for fostering valuable partnerships.

Amlan International Appoints Marty Thompson as Southwest U.S. Key Accounts Manager

CHICAGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced today that it will release earnings for its fourth quarter and fiscal year 2024 after the close of the U.S. stock market on Thursday, October 10, 2024. The Company will host a live webcast on Friday, October 11, 2024, at 10:00 a.m. Central Time to discuss these financial results.

Oil-Dri Announces Dates for Fourth Quarter and Fiscal Year 2024 Earnings Release and Live Webcast

Oil-Dri Corporation of America is undervalued, with a 5.4% FCF yield and 26% discount to intrinsic value. The company develops sorbent products from clay, with rising profitability and successful capital allocation strategies. Oil-Dri has created $48.8 million in economic earnings, with room for dividend growth and superior future stock market performance.

Oil-Dri Is Deeply Undervalued

CHICAGO, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Amlan® International, the animal health business of Oil-Dri® Corporation of America (NYSE: ODC) and a global leader in mineral-based feed additives that optimize the intestinal health of poultry and livestock, announces the launch of Phylox® to the Philippine poultry market. Nezus Philippines Corporation has recently been granted registration to distribute the non-pharmaceutical anticoccidial solution. Phylox is a revolutionary feed additive tailored to prevent coccidiosis in poultry.

Phylox®, a Natural Solution for Coccidiosis, Now Available in the Philippines

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Discover why Zacks rates Oil-Dri (ODC) as "Neutral," being the first on Wall Street to initiate the coverage of the stock. Explore how Oil-Dri's strategic acquisition and consistent sales growth shape its market position while navigating cost pressures and key customer dependencies.

Zacks Initiates Coverage of Oil-Dri With Neutral Recommendation

Oil-Dri Corporation of America produces sorbent products for agricultural, horticultural, and cat litter use. Despite a recent stock price decline, the company's financial performance has improved, with revenue and net income increasing. Its recent acquisition in the crystal cat litter segment shows promising growth potential for the company, making it an attractive investment opportunity.

Oil-Dri Corporation of America: Value Creation Continues Even As Shares Pull Back

Oil-Dri Corporation of America (NYSE:ODC ) Q3 2024 Earnings Conference Call June 7, 2024 11:00 AM ET Company Participants Dan Jaffee - President & CEO Leslie Garber - Director, IR Susan Kreh - CFO & CIO Chris Lamson - Group VP, Retail & Wholesale Wade Robey - VP, Ag & President, Amlan International Bruce Patsey - VP, Fluids Purification Group Operator Good day, and thank you for standing by. Welcome to the Third fiscal '24 Earnings Discussion.

Oil-Dri Corporation of America (ODC) Q3 2024 Earnings Call Transcript

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CHICAGO, June 06, 2024 (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 2024.

Oil-Dri Announces Record Sales and Gross Profit for the Third Quarter and First Nine-Months of Fiscal 2024

CHICAGO, June 05, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.31 per share of the Company's Common Stock and $0.233 per share of the Company's Class B Stock, an approximate 7% increase for both classes of stock.

Oil-Dri Doubles its Historical Dividend Increase and Marks 21st Consecutive Year of Dividend Increases

CHICAGO, May 01, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) (“Oil-Dri”), a leading manufacturer of sorbent minerals including clay-based cat litter, announces the closing of its previously announced $46 million acquisition of Ultra Pet Company, Inc. (“Ultra Pet”), a prominent supplier of silica gel-based crystal cat litter. The transaction was financed through a combination of cash-on-hand and Oil-Dri's existing credit facilities.

Oil-Dri Completes Strategic Acquisition of Ultra Pet, Strengthening its Position in the Cat Litter Industry

CHICAGO, April 17, 2024 (GLOBE NEWSWIRE) -- Amlan International, the animal health division of Oil-Dri® Corporation of America, is proud to announce its sponsorship and participation at the XLVIII Annual ANECA Convention, to be held in Veracruz, Mexico from April 23rd to 25th. This year commemorates the 50th anniversary of the National Association of Poultry Science Specialists of Mexico (ANECA), highlighting its pivotal role in assembling top professionals and experts who have significantly propelled the industry's advancement.

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