Oil-Dri Q3 net loss of $2.1M; EPS -$0.32 vs prior-year profit of $2.2M

Oil-Dri Corp of America

Q3 net sales $85.8M, up 12% YoY from $76.3M; nine-month record sales $255.4M (+13%).
Retail/Wholesale segment posted operating loss of $3.1M vs income $1.9M in prior year.
Excluding goodwill impairment, Retail/Wholesale segment operating income was $2.5M (+36% YoY).
B2B segment sales rose 16% to $92.9M in first nine months; operating income $20.1M (-4% YoY).

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