Oil-Dri Corporation of America Stock Price, News & Analysis

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.

Oil-Dri of America (NYSE: ODC) announces that Susan Kreh, CFO and CIO, has been awarded the 2024 Financial Executives International (FEI) Chicago CFO of the Year Award in the mid-size public company category. The award recognizes senior financial leaders who have made significant contributions to businesses in the Chicago area. Kreh was honored for her exceptional executive and strategic foresight, and commitment to Oil-Dri's financial growth. CEO Daniel S. Jaffee praised her financial insight and focus on tactical growth as key drivers of the company's success.

Oil-Dri of America has been ranked on Forbes' List of America's Most Successful Small-Cap Companies for 2025, marking its second consecutive year on the list. Forbes analyzed 914 companies with market values between $300 million and $2 billion, ultimately selecting 322 companies based on criteria including positive sales growth and minimum share price of $5. Rankings were determined by evaluating earnings growth, sales growth, return on equity, and total stock return over both the latest twelve months and five-year periods.

The company, a leading manufacturer of specialty sorbent products, serves various markets including pet care, animal health, and industrial applications. With over 80 years of experience, Oil-Dri maintains vertical integration across its operations from research and development to sales.

Oil-Dri of America (NYSE: ODC) has been awarded a 2024 Chicagoland Top Workplace recognition by the Chicago Tribune, marking their seventh time receiving this honor. The award was determined through confidential employee surveys measuring workplace experience, including factors like respect, support, growth opportunities, and empowerment.

CEO Daniel S. Jaffee emphasized the company's commitment to maintaining high ethical standards and their 'We Care' values. The company, with over 80 years of experience, specializes in sorbent products for various markets including pet care, animal health, bleaching clay, fluids purification, agricultural ingredients, sports field, industrial, and automotive sectors.

Oil-Dri of America (NYSE: ODC) has announced price increases ranging from 5% to 8% on its industrial, automotive, and sports field products, effective November 1, 2024. The company states these pricing adjustments are necessary to offset higher costs and support continued investments in manufacturing infrastructure improvements. Oil-Dri is a vertically integrated manufacturer and supplier of specialty sorbent products serving various markets including pet care, animal health, bleaching clay, fluids purification, agricultural ingredients, sports field, industrial, and automotive sectors.

Oil-Dri of America (NYSE: ODC) has scheduled its first quarter fiscal 2025 earnings release for December 9, 2024, after market close. The company will host a combined Q1 FY2025 earnings discussion and FY2024 Annual Meeting of Stockholders via webcast on December 11, 2024, at 9:30 a.m. Central Time. The voting eligibility record date was October 14, 2024. The webcast will be available for replay on the company's website under Quarterly Archives.