secwatch.observer — SEC 8-K summary
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Issuer:     Oil-Dri Corp of America (ODC)
CIK:        0000074046
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0000074046-23-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74046/000007404623000081/0000074046-23-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74046/000007404623000081/odc-20231211.htm
  HTML page:      https://secwatch.observer/filing/0000074046-23-000081

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