---
schema_version: "secwatch.filing_event.v1"
accession: "0000074046-22-000023"
form_type: "8-K"
ticker: "ODC"
cik: "0000074046"
company_name: "Oil-Dri Corp of America"
filed_at: "2022-03-11T23:59:59+00:00"
generated_at: "2026-06-26T23:44:13.415895+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oil-Dri Q2 sales up 17% to record $87.2M but net income falls 53% on inflation headwinds

## Summary
- Net sales $87.2M (+17% YoY); net income $2.0M (-53%), EPS $0.28 (-54%).
- B2B segment sales record $32.6M (+24%); fluids purification and ag drove growth; operating income $7.6M (+7%).
- Retail & Wholesale sales record $54.6M (+13%) but operating income collapsed 71% to $0.9M due to cost inflation.
- Gross margin fell to 18% from 22%; domestic cost of goods sold per ton up 13% from resin, natural gas, freight costs.
- Issued $25M Series C Senior Notes (10-year) and repurchased 113,236 shares for $3.9M in Q2.

## SEC filing metadata
- accession: 0000074046-22-000023
- form_type: 8-K
- ticker: ODC
- cik: 0000074046
- company_name: Oil-Dri Corp of America
- filed_at: 2022-03-11T23:59:59+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/74046/000007404622000023/0000074046-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74046/000007404622000023/odc-20220311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074046-22-000023
- JSON: https://secwatch.observer/filing/0000074046-22-000023.json
- Plain text: https://secwatch.observer/filing/0000074046-22-000023.txt

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