Oil-Dri Q2 revenue up 1% to record $117.7M but EPS falls 2% to $0.87

Oil-Dri Corp of America

Net sales of $117.7M (+1% YoY); income from operations of $15.7M (-10%); net income $12.6M (-3%).
Diluted EPS $0.87 vs $0.89; first-half EPS $1.93 vs $2.01 (-4%).
B2B segment net sales $42.0M (-3%); segment op income $11.8M (-18%).
Retail & Wholesale net sales $75.8M (+3%); segment op income $10.8M (-5%).
Company cites record Q2 revenue but lower earnings driven by cost pressures and volume mix.

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