Oil-Dri Q4 sales up 19% to record $93.2M; EPS $0.77 vs $0.08; FY net income down 49% on impairment

Oil-Dri Corp of America

Q4 net sales $93.2M (+19% YoY); net income $5.2M (+762%); diluted EPS $0.77 (+863%).
FY2022 net sales $348.6M (+14% YoY); net income $5.7M (-49%); diluted EPS $0.81 (-48%).
FY2022 adjusted net income excl. goodwill impairment $10.1M (-9%); adjusted EPS $1.46 (-7%).
Retail & Wholesale segments Q4 operating income $5.5M, up 1,072% from $465K; FY operating income $6.3M (-44%).
Business to Business Q4 operating income $7.2M (+9%); FY $24.3M (-6%).

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