earnings
confidence high
sentiment positive
materiality 0.85
Oil-Dri Q1 FY2023: Record sales $98.5M (+19%), EPS $0.78 vs $0.08, margins expand
Oil-Dri Corp of America
- Net sales $98.5M (record), up 19% YoY; net income $5.2M vs $0.6M; EPS $0.78 vs $0.08.
- B2B segment sales $33.7M (+36%); agricultural products record $10.0M (+61%); fluids purification record $18.2M (+21%).
- Retail & Wholesale segment sales $64.9M (+12%); domestic cat litter excl. co-pack +12%; lightweight litter +19%.
- Consolidated gross margin 22.6% (vs 16.8%); CEO signals further pricing actions and manufacturing investment.