Oil-Dri Corporation of America reports developments tied to its sorbent mineral products business, including specialty absorbents and purification materials sold into pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets.
Recurring updates cover quarterly operating results, product-group trends in the Retail and Wholesale Products Group and Business-to-Business Products Group, cash dividends on Common Stock and Class B Stock, and activity at Amlan International, the company's animal health business. News also includes mineral-based feed additive products, agricultural offerings such as Verge, and fluids purification demand across edible oil, jet fuel and renewable diesel applications.
Oil-Dri Corporation of America (NYSE: ODC) reported record fiscal 2026 sales of $493.8 million, up 2% from the prior year. Net income rose 6% to $57.0 million, and diluted common earnings per share increased to $3.92 from $3.70. For the year ended July 31, 2026, gross margin fell to 27.8% from 29.5%, while selling, general and administrative expenses declined 7% to $69.5 million. Operating income remained relatively flat at $68.0 million.
Fourth-quarter sales rose 3% to a record $129.3 million; net income increased 10% to $14.4 million. Annual Retail and Wholesale sales grew 4%, while Business to Business sales declined 1%. Cash ended the year at $73.7 million versus $50.5 million a year earlier, alongside $34.2 million in capital expenditures and $12.6 million in share repurchases. Fourth-quarter Retail and Wholesale operating income fell 5%, mainly because of higher cat litter transportation costs.
Oil-Dri (NYSE: ODC) appointed Anthony W. Parker as an executive officer and declared quarterly cash dividends for both stock classes.
Parker remains Vice President, General Counsel & Secretary, overseeing legal and regulatory affairs and advising the company and its board. The dividends are $0.225 per Common share and $0.168 per Class B share, payable November 20, 2026, to stockholders of record at the close of business November 6, 2026.
Oil-Dri will release fiscal 2026 fourth-quarter results after the U.S. stock market closes October 8, 2026, followed by an earnings webcast October 9 at 10:00 a.m. Central Time.
Oil-Dri (ODC)'s Amlan International will sponsor the World Dairy Expo Media Room for the fifth consecutive year.
The expo runs September 29–October 2 in Madison, Wisconsin. Amlan President Wade Robey will be available for media interviews about mycotoxins affecting dairy producers. Registered media attending the expo are invited to a complimentary boxed lunch on September 29, from 11 a.m. to 1 p.m.
Oil-Dri (NYSE: ODC) will release its fourth quarter and fiscal year 2026 earnings after the close of the U.S. stock market on Thursday, October 8, 2026. The company will host a live webcast to discuss results on Friday, October 9, 2026, at 10:00 a.m. Central Time, accessible via the Events page on its website, where a replay and prior webcasts will also be available.
Amlan International, the animal health business of Oil-Dri (NYSE:ODC), will sponsor and host the Technical Symposium at the 2026 Arkansas Nutrition Conference in Little Rock. The symposium is scheduled for Tuesday, August 25, from 1:00–5:00 p.m. at the Marriott Hotel and will feature expert presentations on gut-brain science, intestinal integrity, global grain and protein markets, and mycotoxin surveillance, followed by a cocktail reception and networking with Amlan representatives.
Amlan International (NYSE: ODC), the animal health business of Oil-Dri Corporation of America, will exhibit its mineral-based feed additive technologies at SIAVS 2026 in São Paulo, Brazil, from August 4-6. At booth 212, the company will highlight Varium, a natural formulation supporting intestinal integrity in poultry, and Calibrin-Z, a broad-spectrum mycotoxin binder designed for feed management programs.
Oil-Dri (NYSE: ODC) plans to raise prices on most products during the first quarter of fiscal 2027. The company cites significantly higher external costs, including health insurance, freight, and resin-based packaging. Oil-Dri is also pursuing productivity and cost reduction initiatives to mitigate margin erosion.
Oil-Dri (NYSE: ODC) reported record third quarter fiscal 2026 net sales of $126.3 million, up 9% year over year, and net income of $14.5 million, up 25%.
Gross margin was 26.7% versus 28.6% last year, while SG&A declined 13%. Business to Business sales rose 3%, Retail & Wholesale sales rose 13%, driven mainly by strong cat litter demand and record crystal, co-packaged, and industrial/sports product sales.
Oil-Dri (NYSE: ODC) increased its quarterly cash dividend by two cents per share, about a 10% rise to $0.225 for Common Stock and $0.168 for Class B, marking the 23rd consecutive year of dividend growth. The board also authorized repurchases of up to 500,000 additional Common shares, supplementing existing buyback capacity. Dividends are payable August 21, 2026 to shareholders of record on August 7, 2026. Third-quarter fiscal 2026 results and an earnings webcast are scheduled for June 8–9, 2026.
Cat's Pride (ODC) launched the Go Big or Go Home campaign on May 6, 2026, aiming to donate one million pounds of cat litter to animal shelters nationwide. For every purchase of Cat's Pride litter, one pound will be donated to participating shelters.
The campaign partners with American Humane Society's Second Chance Grants to combine supply donations with financial support; consumers can buy at major retailers or nominate a local shelter via the Cat's Pride Club.