Quarterly ResultJun 8, 2026, 04:07 PM
Oil-Dri Q3 Net Sales Up 9% to $126.3M; Net Income Jumps 25%
AI Summary
Oil-Dri Corporation of America announced strong third quarter fiscal year 2026 results, with consolidated net sales up 9% to $126.3 million and net income increasing 25% to $14.5 million, or $1.00 per diluted share. The company saw record sales in its Retail & Wholesale segment, driven by cat litter demand, and growth in its Business to Business segment. Despite inflationary pressures on costs, disciplined expense management and strong operational performance contributed to the improved financial results. For the first nine months of fiscal year 2026, net sales increased 1% to $364.6 million and net income grew 4% to $42.6 million.
Key Highlights
- Oil-Dri Corp of America reported Q3 FY26 net sales of $126.3M, up 9% YoY.
- Q3 FY26 net income increased 25% to $14.5M, with diluted EPS of $1.00.
- Year-to-date net sales grew 1% to $364.6M, while net income rose 4% to $42.6M.
- Retail & Wholesale segment sales increased 13% to a record $82.5M, driven by cat litter demand.
- Business to Business segment sales grew 3% to $43.8M, with animal health up 10%.
- Consolidated income from operations rose 23% to $17.1M in Q3 FY26.
- Cash and cash equivalents increased to $62.9M as of April 30, 2026.
Price Impact
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