secwatch.observer — SEC 8-K summary
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Issuer:     Oil-Dri Corp of America (ODC)
CIK:        0000074046
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0000074046-24-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oil-Dri Q3 net sales up 1% to $106.8M, EPS $1.07 (-14% YoY); raises dividend 7% to $0.31/share
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- Q3 net sales $106.8M (+1% YoY), net income $7.8M (-9%), diluted EPS $1.07 (-14%).
- Nine-month net sales $323.9M (+6%), net income $30.9M (+75%), EPS $4.26 (+65%).
- Adjusted EPS (excl. nonrecurring) Q3 $1.07 vs $1.94 (-45%); nine-month $4.32 vs $3.57 (+21%).
- B2B segment operating income $10.6M (+8%); Retail/Wholesale $10.9M (+1%).
- Quarterly dividend raised to $0.31/share common ($0.233 Class B), a 7% increase; 21st consecutive annual increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74046/000007404624000044/0000074046-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74046/000007404624000044/odc-20240605.htm
  HTML page:      https://secwatch.observer/filing/0000074046-24-000044

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