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Oil-Dri Corporation of America (NYSE: ODC) delivers essential updates through this comprehensive news hub, serving investors and industry stakeholders. Access curated press releases and financial developments from the leader in sorbent mineral solutions.
Track earnings announcements, operational milestones, and strategic initiatives from the company behind Cat's Pride litter and industrial absorbents. Our repository simplifies monitoring of product innovations, sustainability efforts, and market expansions across pet care and B2B sectors.
Discover updates spanning clay-based technologies, animal health advancements, and industrial purification solutions. Benefit from organized access to corporate announcements without promotional bias, maintained through Oil-Dri's vertically integrated operational framework.
Bookmark this page for streamlined tracking of ODC's developments in mineral science and absorbent technologies. Return regularly for factual updates directly impacting understanding of the company's market position and growth trajectory.
Cat's Pride, a brand of Oil-Dri of America (NYSE: ODC), announces its 'Love that Lasts' campaign running from April 1-30, 2025. The company aims to donate up to 500,000 pounds of cat litter to local animal shelters, tripling their usual donation amount.
The campaign coincides with national 'Adopt a Shelter Pet Day' and aims to support shelters caring for the over 3 million cats entering annually. Cat's Pride is promoting their product line including lightweight clumping clay, lightweight crystals, and new Micro Crystals formula. The innovative Micro Crystals provide instant moisture absorption and odor control, lasting up to one month for single-cat households.
Donations will be funded through April sales of all Cat's Pride products. The campaign will be featured on The Balancing Act on Lifetime, airing April 7th and 15th, featuring CEO Daniel S. Jaffee and Hannah Shaw discussing the initiative and products.
Oil-Dri of America (NYSE: ODC) has appointed Jonathan Blake as Vice President, Corporate Controller and principal accounting officer, effective March 17, 2025. Reporting to Susan M. Kreh, CFO and CIO, Blake will lead the company's accounting and tax functions.
Blake brings over 25 years of experience in accounting and finance, specializing in SEC reporting, SOX compliance, technical accounting, and financial system implementation. His previous roles include Global Corporate Controller at Videojet Technologies (2018-present), Global Corporate Controller & North America Finance Director at Optimas OE Solutions (2015-2018), and senior management positions at Kraft Foods (2009-2015). He began his career at Deloitte & Touche in 1998.
Oil-Dri of America (NYSE: ODC) has announced its quarterly dividend distribution. The company declared dividends of $0.155 per share for Common Stock and $0.1165 per share for Class B Stock, payable on May 23, 2025, to stockholders of record as of May 9, 2025.
The announcement highlights Oil-Dri's consistent dividend payment history, having distributed cash dividends every year since 1974, with annual increases for twenty-one consecutive years. The company also scheduled its third quarter fiscal 2025 earnings release for June 5, 2025, after market close, followed by a live webcast earnings discussion on June 6, 2025.
Oil-Dri (NYSE: ODC) reported record-breaking second quarter fiscal 2025 results, with net sales reaching $116.9 million, an 11% increase year-over-year. The growth comprised 7% organic growth and 4% from Ultra Pet Company acquisition.
Key financial highlights include:
- Gross profit of $34.4 million, up 11% with margins at 29.5%
- Net income of $12.9 million, a 4% increase
- EBITDA grew 16% to $22.2 million
The B2B Products Group revenue increased 20% to $43.4 million, driven by strong fluids purification and animal health products performance. The Retail and Wholesale Products Group revenue grew 6% to $73.5 million, boosted by Ultra Pet acquisition and increased demand for lightweight and coarse litter products.
Oil-Dri of America (NYSE: ODC) will showcase its innovative lightweight cat litter products at the 2025 Global Pet Expo in Orlando, Florida from March 26-28. The company will present its brands including Cat's Pride®, Jonny Cat®, and Ultra® at Booth 2020.
Following the acquisition of Ultra Pet Company in 2024, Oil-Dri now offers Cat's Pride Micro Crystal Litter with 30-day odor control. The company's portfolio includes the first EPA-approved antibacterial litter, Cat's Pride Antibacterial Clumping Litter, which eliminates 99.9% of odor-causing bacteria.
The company emphasizes its commitment to sustainability through lightweight products that allow twice as many units per truck, reducing transportation carbon footprint. Oil-Dri offers both branded and private label options across lightweight clumping, non-clumping, clay, and crystal formulas.
Oil-Dri of Georgia, a subsidiary of Oil-Dri of America (NYSE: ODC), has been awarded the Large Business of the Year at the 2025 Community Impact Awards by the Thomasville-Thomas County Chamber of Commerce.
The company's Ochlocknee, GA facility, operating for over 60 years, processes and packages locally sourced clay with a workforce of 320 hourly teammates from surrounding counties. The award recognizes Oil-Dri's community engagement through initiatives including food drives, toy collections, Rose City Walk participation, and support of local students via the Georgia Mining Foundation Scholarship Program.
Oil-Dri of America is a leading manufacturer of specialty sorbent products, serving various markets including pet care, animal health, fluids purification, and agricultural ingredients, with a vertically integrated business model overseeing operations from R&D to sales.
Amlan International, a division of Oil-Dri of America (NYSE: ODC), will showcase its natural feed additives at VIV Asia 2025 in Bangkok from March 12-14. The company will present its products Phylox®, Calibrin®-Z, and Varium® at booth 2-2842, focusing on solutions for gut health and production efficiency in poultry and livestock.
Asia produces approximately 60% of the world's poultry and generated over 155 million tons of meat in 2022. The company will address significant regional challenges, including coccidiosis prevalence in Southeast Asian poultry farms, with rates of 43.2% in Philippine farms, 34% in Indonesian broiler farms, and 80% in Vietnamese commercial farms.
The event will feature expert presentations, including Dr. Aldo Rossi's seminar on Phylox for coccidiosis control, and demonstrations of Calibrin-Z's biotoxin binding capabilities. The exhibition, hosted at IMPACT Bangkok, expects over 47,000 attendees and 200 expert speakers.
Amlan International, a division of Oil-Dri of America (NYSE: ODC), will showcase its mineral-based animal health technologies at IPPE 2025 from January 28-30 in Atlanta. The company will highlight two key products: NeutraPath®, a natural pathogen control solution, and Calibrin®-Z, a biotoxin binder.
New research on NeutraPath's efficacy in broilers challenged with necrotic enteritis will be presented by Dr. Anthony Quant at the International Poultry Scientific Forum. Additionally, Dr. Gino Lorenzoni will present findings on feed additives' impact on broiler performance.
The company will conduct live demonstrations of Calibrin-Z's binding properties, led by Dr. Dongping Wang and Dr. Marc Herpfer, showcasing how the product binds mycotoxins and pathogens. These demonstrations will occur multiple times during the expo at Amlan's booth B4011.
Oil-Dri of America (NYSE: ODC) has announced quarterly cash dividends of $0.155 per share for Common Stock and $0.1165 per share for Class B Stock. The company is implementing a two-for-one stock split through a stock dividend, with stockholders of record as of December 20, 2024, receiving one additional share for each share held. The additional shares will be distributed after market close on January 3, 2025. The cash dividends will be paid on March 7, 2025, to stockholders of record as of February 21, 2025.
Oil-Dri has maintained continuous cash dividend payments since 1974 and has increased dividends annually for twenty-one consecutive years.
Oil-Dri of America (NYSE: ODC) reported record results for Q1 FY2025, with consolidated net sales reaching $127.9 million, a 15% increase year-over-year. The company achieved significant growth metrics including:
- Net income increased 52% to $16.4 million
- Operating income rose 61% to $21.2 million
- Gross margins expanded to 32%, a 400-basis point improvement
- Business to Business segment sales grew 24% to $48.4 million
- Retail and Wholesale segment sales increased 10% to $79.5 million
The strong performance was driven by increased volumes, favorable product mix, and improved operational efficiencies. The recently acquired Ultra Pet subsidiary contributed $6.0 million in net sales. The company maintained flat domestic cost of goods per ton compared to the prior year.
