Oil-Dri reports record Q1 net sales $111.4M (+13% YoY) and net income $10.7M (+105%)

Oil-Dri Corp of America

Diluted EPS $1.50 vs $0.78 last year; gross margin expanded to 27.8% from 22.6%.
B2B segment sales $39.2M (+16%), driven by fluids purification (+23%) and animal health (+18%).
Retail/Wholesale sales $72.3M (+11%); domestic cat litter ex-co-pack up 18%.
Launched Cat's Pride Antibacterial Clumping Litter, first EPA-approved antibacterial cat litter.
Co-packaged coarse litter sales down 36% due to customer cyberattack disrupting orders.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Oil-Dri Corp of America reported financial results for first quarter ended October 31, 2023.

Period: first quarter ended October 31, 2023
Result: reported results

Exact text from the filing

On December 11, 2023, Oil-Dri Corporation of America (the "Registrant") issued a press release announcing its results of operations for its first quarter ended October 31, 2023.

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Oil-Dri Corp of America filing history →

Source: SEC EDGAR

accession 0000074046-23-000081

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