secwatch.observer — SEC 8-K summary
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Issuer:     Oil-Dri Corp of America (ODC)
CIK:        0000074046
Form:       8-K
Filed at:   2021-10-13T23:59:59+00:00
Accession:  0000074046-21-000083
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oil-Dri Q4 revenue +20% to $78M record, net income plunges 90% to $603K
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- Q4 net sales record $78.1M, up 20% YoY; net income $603K, down 90% from $5.9M.
- Full year net sales $305M (record), +8%; net income $11.1M, -41%; diluted EPS $1.57 vs $2.65.
- Severe cost inflation: domestic packaging costs +40%, natural gas +67% in Q4; resin and lumber spikes.
- B2B segment sales +13%, operating income -39%; Retail/Wholesale sales +26%, operating income swung to $3.3M profit.
- Management implemented price increases but did not keep pace with inflation; animal health trials and lightweight cat litter growth cited as positives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74046/000007404621000083/0000074046-21-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74046/000007404621000083/odc-20211013.htm
  HTML page:      https://secwatch.observer/filing/0000074046-21-000083

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