---
schema_version: "secwatch.filing_event.v1"
accession: "0000074046-21-000110"
form_type: "8-K"
ticker: "ODC"
cik: "0000074046"
company_name: "Oil-Dri Corp of America"
filed_at: "2021-12-07T23:59:59+00:00"
generated_at: "2026-06-28T03:20:06.127083+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oil-Dri Q1 fiscal 2022: record net sales $82.5M (+8%) but net income down 85% to $585K

## Summary
- Net sales record $82.5M (+8% YoY); net income $585K (-85%); diluted EPS $0.08 vs $0.56.
- Gross margin fell to 17% from 25% due to 15% higher domestic COGS per ton; packaging +44%, natural gas +97%.
- B2B op income $6.7M (-11%); R&W op income $74K (-98%) on cost inflation despite volume gains.
- Cash down to $13M from $31M; debt $9M; repurchased 55,999 shares for $1.9M.
- Pricing actions implemented, more in Q2; supply chain hurt by labor shortage, tight trucking, ocean delays.

## SEC filing metadata
- accession: 0000074046-21-000110
- form_type: 8-K
- ticker: ODC
- cik: 0000074046
- company_name: Oil-Dri Corp of America
- filed_at: 2021-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74046/000007404621000110/0000074046-21-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74046/000007404621000110/odc-20211207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074046-21-000110
- JSON: https://secwatch.observer/filing/0000074046-21-000110.json
- Plain text: https://secwatch.observer/filing/0000074046-21-000110.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.