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) has appointed Dr. Mervyn de Souza as Vice President of Research & Development to lead the company's global innovation efforts. Dr. de Souza brings over 25 years of experience in research, development, and innovation across food, agriculture, life sciences, and industrial sectors.
Dr. de Souza, who holds a Ph.D. in Biochemistry, Molecular Biology, and Biophysics, will oversee Oil-Dri's Innovation Center and expand its mineral-based products portfolio. He is a co-inventor on more than 20 patents and will be responsible for guiding exploratory research, technology transfer, and fostering innovation within the R&D organization.
Amlan International, a division of Oil-Dri Corporation of America (NYSE:ODC), has announced a strategic partnership with Boviz Saúde Animal to expand its presence in Brazil's cattle market. The companies will showcase their collaboration at the Rio Preto Country Bulls Rodeo from July 9-13, 2025.
Brazil represents a significant market opportunity as the world's second-largest beef producer, accounting for 18% of global beef production with approximately 12 million tons annual output. The partnership focuses on distributing Amlan's feed additive technologies, including Calibrin®-Z, through Boviz's network to enhance animal health and production efficiency in Brazil's livestock sector.
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.