Oil-Dri Q1 FY2026: second-highest earnings but net sales down 6% YoY

Oil-Dri Corp of America

Net sales $120.5M, down 6% YoY; net income $15.5M, down 6% YoY.
Diluted EPS $1.06 vs $1.13 in prior year; EBITDA $23.6M, down 10%.
Business-to-Business segment sales fell 9% to $44.3M; operating income $13.6M.
Retail and Wholesale sales $76.2M (-4%); operating income $12.4M (-7%).
Company management cites decline but notes Q1 is second-highest quarterly earnings in history.

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