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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced that it will increase prices for its cat litter products effective October 17, 2022. These pricing actions will apply to branded and private label cat litter items sold within the United States and Canada.

Oil-Dri Announces Price Increases for its U.S. and Canadian Branded and Private Label Cat Litter Products

CHICAGO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) today announced that it will implement price increases on its industrial and automotive absorbents, effective October 1, 2022.  These price increases will range from 15% to 20%, depending on the product.

Oil-Dri Announces Price Increases on its Industrial and Automotive Absorbents

CHICAGO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Oil-Dri® Corporation of America (NYSE: ODC), a leading global manufacturer of sorbent minerals, announces today that the Brazilian Patent Office has issued Patent No. 11 2015 007549 5, titled “Clay Product and Uses Thereof,” with Oil-Dri as the inventor. The patent protects the novel, mineral-based formulation used in Amlan International's existing natural feed additives, Varium® for poultry and NeoPrime® for swine, that provide swine and poultry producers with natural solutions to optimize intestinal health and add value to their operations. Varium and NeoPrime are sold and marketed in select international markets by Amlan, the animal health business of Oil-Dri.

Oil-Dri Receives Brazilian Patent for Mineral-Based Feed Additive Formulation Used in Poultry and Swine Antibiotic-Free Production

CHICAGO, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) today announced that it plans to raise prices due to increased capital improvement costs.

Oil-Dri Announces Capital Improvement Driven Price Increases

CHICAGO, July 12, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) today announced that it will implement price increases for its sports field products, effective August 1, 2022.

Oil-Dri Announces Price Increases for its Sports Field Products

CHICAGO, July 07, 2022 (GLOBE NEWSWIRE) -- Amlan International, a global leader in mineral-based feed additives that support poultry and livestock gut health, announces the appointment of Dr. Aldo Rossi to Director of Sales and Technical Service for North America and the promotion of Heath Wessels to VP of Sales for the Americas. Both Aldo and Heath are well-known to the poultry industry and have an impressive 50-plus years of industry experience between them.

Dr. Aldo Rossi Joins a Growing Amlan International Team in the Americas

Oil-Dri pays a 4.2% dividend yield and it has increased the dividend for 19 consecutive years. The earnings of the company are erratic but the dividend is well covered. Three megatreds support Oil-Dri's growth and the sales are growing in double-digit numbers. The potential of this small-cap stock is overlooked.

Oil-Dri Is Mining Dividends Out Of 3 Megatrends

BRT Apartments

Casey's General Stores

Caterpillar

Omega Flex

SPDR S&P 500 ETF Trust

Target

Universal Health Realty Income Trust

UnitedHealth Group

This article series provides a weekly summary of dividend changes. A summary table provides relevant data and key statistics on dividend increases.

Dividend Increases: June 4-10, 2022

We've liked Oil-Dri Corporation (NYSE: ODC) as a small-cap dividend payer for a long time and the value has only gotten better. The company's margins took a hit over the past year that helped drive the share price to the lowest level in 7 years and margins are on the mend.

Microcap Oil-Dri Corporation Is A Buy For Income Investors

CHICAGO, June 08, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.28 per share of the Company's Common Stock and $0.21 per share of the Company's Class B Stock, an approximate 4% increase for both classes of stock.

Oil-Dri Increases Dividends for 19th Consecutive Year

Oil-Dri Corporation of America (NYSE:ODC ) Q3 2022 Results Conference Call June 8, 2022 10:00 AM ET Company Participants Dan Jaffee - President and CEO Susan Kreh - CFO Aaron Christiansen - VP, Operations Chris Lamson - Group VP, Retail and Wholesale Wade Robey - VP, Agriculture & Amlan Marketing David Atkinson - VP and Controller Leslie Garber - Manager, IR Conference Call Participants Operator Good day, and thank you for standing by, and welcome to the Third Quarter Fiscal Year 2022 Investor Teleconference. At this time, all participants are in a listen-only mode.

Oil-Dri Corporation of America (ODC) CEO Dan Jaffee on Q3 2022 Results - Earnings Call Transcript

CHICAGO, June 07, 2022 (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 2022.

Oil-Dri Announces Results for the Third Quarter and Record Sales for the First Nine-Months of Fiscal 2022

CHICAGO, May 20, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced three key senior leadership promotions within the company. Effective today, Aaron Christiansen has been appointed to Vice President of Operations, Wade Robey to Vice President of Agriculture & Amlan Marketing, and Yasmith Bernal to Vice President, Crop & Horticulture and Innovation Center Site Lead.

Oil-Dri Announces Key Senior Leadership Promotions

CHICAGO, April 27, 2022 (GLOBE NEWSWIRE) -- The removal of in-feed antibiotics from poultry and livestock production has left a huge gap in the protection of animals from the devastating effects of enteric disease. To help producers recapture this protection, Amlan International, the animal health business of Oil-Dri® Corporation of America, has launched two new natural products — Phylox® Feed and NeutraPath® — that help optimize intestinal health and production economics in the absence of antibiotics.

Amlan International Launches Two New Natural Alternatives to Antibiotics for Poultry and Livestock

CHICAGO, April 15, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) today announced that it is notifying customers of plans to raise prices on its agricultural and fluid purification products during the month of May, 2022.

Oil-Dri Announces Price Increases on its Agricultural and Fluid Purification Products

CHICAGO, April 01, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) today announced that it is notifying customers of plans to raise prices on its industrial and automotive absorbent products during the fourth quarter of fiscal year 2022. These price increases will range from 15% to 20%, depending on the product.

Oil-Dri Announces Plans to Raise Prices on its Industrial and Automotive Absorbent Products

CHICAGO, March 23, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced that the Board of Directors appointed Patrick J. Walsh as Vice President, Human Resources effective March 21, 2022. Mr. Walsh will report directly to Daniel S. Jaffee, Oil-Dri's President and Chief Executive Officer. Mr. Walsh will assume the responsibility of overseeing all the human resource functions across the organization.

Oil-Dri Announces Appointment of Patrick J. Walsh as New Vice President, Human Resources and Declares Quarterly Dividends

CHICAGO, March 15, 2022 (GLOBE NEWSWIRE) -- Poultry specialists in Mexico will have the opportunity to learn about new research and solutions to industry challenges, including the launch of a new solution, Phylox Feed, from Amlan International, at the upcoming XLVI ANECA 2022 Annual Congress. The event is presented by the National Association of Specialists in Poultry Sciences (ANECA) and will be held from Tuesday, March 29, to Friday, April 1, 2022, at Hotel Azul Ixtapa in Ixtapa Zihuatanejo, Mexico.

Amlan to Feature New Product, Phylox® and Share Recent Commercial Varium® Research at XLVI ANECA 2022 Annual Congress

Oil-Dri Corporation of America (ODC) CEO Dan Jaffee on Q2 2022 Results - Earnings Call Transcript

CHICAGO, March 11, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its second quarter and first six-months of fiscal year 2022.

Oil-Dri Announces Record Sales for the Second Quarter and First Six-Months of Fiscal 2022

CHICAGO, March 08, 2022 (GLOBE NEWSWIRE) -- Amlan International enhances their support base for Brazilian poultry and livestock producers with the appointment of Eduardo Euclides Baggio as Technical Manager. Eduardo will work with producers to integrate Amlan's natural mineral-based products into their rations to support normal intestinal health and improve the sustainability of poultry and livestock production while adding value to their operations.

Amlan International Strengthens Brazilian Presence by Appointing Eduardo Euclides Baggio as Technical Manager

CHICAGO, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) today announced that it will increase prices for its cat litter products effective April 1, 2022. These pricing actions will apply to branded and private label cat litter items sold within the United States.

Oil-Dri Announces Price Increases for its U.S. Branded and Private Label Cat Litter Products

CHICAGO, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announces that effective today, Christopher B. Lamson has been appointed as Group Vice President of Retail and Wholesale (“R&W”).

Oil-Dri Announces Christopher B. Lamson as Group Vice President of Retail and Wholesale

ATLANTA, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Advancements in natural feed additives are transforming animal protein production by providing proven and reliable products to improve the sustainability of poultry and livestock production and meet growing consumer demand for cleaner food. This week at the International Production and Processing Expo (IPPE), an annual international event showcasing the latest technology used in the production and processing of poultry, Amlan International introduced next-generation natural mineral-based feed additives for producers and vertical integrators in the United States while showcasing its growing investment in R&D and technical support in key global markets.

Amlan is Sowing Seeds of Progress With Next-Generation Natural Feed Additives for Poultry and Livestock Production

CHICAGO, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Amlan International, a global leader in natural, mineral-based feed additives for poultry and livestock production, will provide comprehensive and concise information about natural feed additives that improve the sustainability of poultry production by leveraging unique mineral technology to support optimal intestinal health, to attendees of the International Production and Processing Expo (IPPE) on Jan. 25–27, 2022, in Atlanta, GA.

News for Oil-Dri Corporation of America Stock (ODC)