Oil-Dri of America(ODC)
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Oil-Dri Corporation of America: Upside Hasn't Dried Up Yet
Seeking Alpha· 2025-12-07 12:59
Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector.Sign up today for your two-week free trial and get a new lease on oil & gas! ...
Oil-Dri® Corporation of America Recognized by Forbes in 2026 List of America’s Most Successful Small-Cap Companies
Globenewswire· 2025-12-03 21:00
CHICAGO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Oil-Dri® Corporation of America (NYSE: ODC) is proud to announce it has been named on Forbes’ 2026 list of America’s Most Successful Small-Cap Companies — marking the Company’s third consecutive year on the prestigious ranking.This recognition reflects not only Oil-Dri’s ongoing financial strength and operational excellence, but also the enduring value the company delivers to customers, shareholders, and communities.“We are honored to be included on Forbes’ 2026 li ...
Amlan International Names Dr. Edwin Chow as Technical Service Director to Drive Innovation Across APAC
Globenewswire· 2025-12-01 21:00
Core Insights - Amlan International has appointed Dr. Edwin Pei Yong Chow as Technical Service Director for the Asia-Pacific region, aiming to enhance technical service strategies and support business growth through customer engagement and innovation [1][4] Company Overview - Amlan International is the animal health division of Oil-Dri Corporation of America, a publicly traded company on the NYSE (Ticker: ODC), specializing in the manufacture and marketing of sorbent minerals [5] - The company leverages over 80 years of expertise in mineral science to produce feed additives for global markets [5] Leadership and Expertise - Dr. Chow has over 15 years of experience in animal health, feed additives, and nutrition, with a strong background in research, product development, and commercialization [2] - His previous roles include senior positions at Berg+Schmidt, Adisseo, and Kemin Industries, where he led teams in developing innovative solutions for livestock and aquaculture [2][3] Strategic Goals - Dr. Chow aims to utilize his technical expertise and strategic leadership to advance Amlan's mission of improving animal health and productivity through natural solutions [4] - He emphasizes the importance of building partnerships with distributors and customers in the Asia-Pacific region to drive growth and create a lasting impact [5]
Amlan International Names Dr. Edwin Chow as Technical Service Director to Drive Innovation Across APAC
Globenewswire· 2025-12-01 21:00
Core Insights - Amlan International has appointed Dr. Edwin Pei Yong Chow as Technical Service Director for the Asia-Pacific region, aiming to enhance technical service strategies and support business growth through customer engagement and innovation [1][9]. Group 1: Appointment and Role - Dr. Chow will report to Dr. Michael Hua and is tasked with leading technical service initiatives across the APAC region [1]. - His responsibilities include supporting business growth through customer engagement, technical innovation, and training [1]. Group 2: Experience and Expertise - Dr. Chow has over 15 years of experience in animal health, feed additives, and nutrition, with a strong background in research, product development, and commercialization [2]. - He has held senior positions at companies like Berg+Schmidt, Adisseo, and Kemin Industries, where he led teams focused on innovative solutions for livestock and aquaculture [2]. Group 3: Achievements - Throughout his career, Dr. Chow has successfully launched aquaculture programs in Asia and established customer testing laboratories [3]. - He has driven product innovation through partnerships with universities, government agencies, and industry leaders [3]. Group 4: Strategic Vision - Dr. Chow's expertise in feed and nutrition is expected to enhance Amlan's value proposition in the diverse Asia-Pacific markets [4]. - He expressed a commitment to leveraging science and innovation to provide mineral-based solutions that improve animal performance and support the success of animal protein producers [5]. Group 5: Company Background - Amlan International is the animal health division of Oil-Dri Corporation of America, a global manufacturer of sorbent minerals with over 80 years of expertise [5]. - The company markets feed additives worldwide, with product availability varying by country [5].
Oil-Dri to Host First Quarter 2026 Earnings Discussion and Fiscal Year 2025 Annual Meeting of Stockholders via Live Webcast
Globenewswire· 2025-10-28 20:05
Core Points - Oil-Dri Corporation of America is set to release its earnings for the first quarter of fiscal year 2026 on December 8, 2025, after the U.S. stock market closes [1] - The company will host a virtual earnings discussion and its fiscal year 2025 Annual Meeting of Stockholders on December 9, 2025, at 9:30 a.m. Central Time [1] - The record date for voting eligibility at the Annual Meeting was October 13, 2025 [1] Company Overview - Oil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products across various markets, including pet care, animal health, fluids purification, agricultural ingredients, sports field, industrial, and automotive [3] - The company is vertically integrated, allowing it to manage every step of the process from research and development to supply chain, marketing, and sales [3] - With over 80 years of experience, Oil-Dri aims to create value from sorbent minerals [3]
Oil-Dri Posts Record FY25 Results, To Face Tough Comparisons Ahead
ZACKS· 2025-10-13 18:55
Core Insights - Oil-Dri Corporation of America reported record-setting financial results for fiscal 2025, with net sales reaching $485.6 million, an 11% increase from fiscal 2024, and net income growing 37% to $54 million [3][2] - The company experienced a decline in stock price by 5.7% following the fourth-quarter results, underperforming the S&P 500 [1] Financial Performance - For the fourth quarter ended July 31, 2025, net sales rose 10% year over year to $125.2 million, while net income surged 53% to $13.1 million [2] - Diluted EPS increased 51% to 89 cents, and operating income climbed 21% to $15.6 million [2] - EBITDA advanced 17% to $21.4 million for the quarter [2] Segment & Operational Performance - The Business-to-Business (B2B) segment led with net sales of $48.1 million, up 24% year over year, driven by strong demand for agricultural and fluids purification products [4] - Agricultural products saw a 104% year-over-year surge to $11.9 million, while fluids purification revenue rose 11% to $27.7 million [5] - The Retail and Wholesale (R&W) segment reported $77.1 million in sales, a 3% increase year over year, with domestic cat litter revenues rising 2% to $57.5 million [6] Profitability Metrics - Gross profit for the quarter rose 5% to $34.8 million, with a gross margin decline to 27.8% from 29% [7] - For the year, consolidated gross profit climbed 14% to $143.1 million, expanding the gross margin to 29.5% from 28.6% [7] Management Commentary - CEO Daniel Jaffee highlighted fiscal 2025 as the strongest financial year ever, attributing success to disciplined capital allocation and a data-driven decision framework [8] - The company generated $80 million in operating cash flow, up 33% year over year, and made nearly $33 million in capital investments [9] Strategic Initiatives - Oil-Dri repaid $11 million in debt and increased its dividend by 16%, maintaining a 22-year streak of annual increases [10] - The company emphasized ongoing capital efficiency and investments in technology, including a centralized data analytics function [10] Market Dynamics - The fiscal 2025 performance benefited from robust demand, pricing actions, and a favorable product mix, with the Ultra Pet Company acquisition contributing approximately three percentage points to total sales growth [11][12] - Competitive promotions in the retail segment, particularly in cat litter, tempered volume gains, prompting a reallocation of advertising budgets [14] Future Outlook - Management indicated that fiscal 2026 will present challenging year-over-year comparisons but expressed confidence in exceeding fiscal 2025 performance [15] - Continued growth is expected in agricultural and animal health businesses, particularly in Asia and Latin America [15] Other Developments - The board declared quarterly cash dividends of 18 cents per share on common stock, payable Nov. 21, 2025 [16] - The Ultra Pet acquisition has exceeded synergy targets and strengthened customer relationships [17]
Oil-Dri of America(ODC) - 2025 Q4 - Annual Results
2025-10-09 20:07
Financial Performance - Consolidated net sales for fiscal year 2025 reached $485.6 million, an 11% increase from the prior year, with 8% organic growth and a 3% contribution from the acquisition of Ultra Pet Company, Inc.[7] - Fourth quarter net sales were $125.2 million, marking a 10% gain year-over-year and the 17th consecutive quarter of sales growth[13] - Annual consolidated net income hit a record high of $54.0 million, reflecting a 37% increase over the prior year[11] - EBITDA for fiscal year 2025 increased by 29% to $90 million, demonstrating strong operational momentum[11] - Operating income for fiscal year 2025 reached a record high of $68.2 million, reflecting a 32% increase over the prior year[10] - Net income for the twelve months ended July 31, 2025, was $53,996 thousand, a 37.0% increase from $39,426 thousand in 2024[36] - Basic common net income per share rose to $3.99 in 2025 from $2.92 in 2024, reflecting a significant increase[36] Segment Performance - The Business to Business (B2B) segment reported fourth quarter revenues of $48.1 million, a 24% increase compared to the prior year, driven by strong demand for agricultural and fluids purification products[18] - The Retail and Wholesale (R&W) segment's fourth quarter revenues reached $77.1 million, a 3% increase year-over-year, primarily due to higher demand for domestic cat litter[21] Profitability Metrics - Consolidated gross profit for fiscal year 2025 was a record $143.1 million, a 14% increase, with gross margin expanding to 29.5%[8] - Gross profit margin decreased to 27.8% in 2025 from 29.0% in 2024, with gross profit of $34,833 thousand compared to $33,024 thousand[34] - Operating income increased to $15,644 thousand, representing 12.5% of sales, up from $12,892 thousand or 11.3% of sales in the previous year[34] Cash Flow and Assets - Cash and cash equivalents grew from $23.5 million to $50.5 million, driven by higher net income and effective capital management[12] - Total assets increased to $391,677 thousand as of July 31, 2025, compared to $354,605 thousand in 2024[38] - Cash and cash equivalents at the end of the period were $50,458 thousand, up from $24,481 thousand in the previous year[40] - Net cash provided by operating activities for the twelve months ended July 31, 2025, was $80,183 thousand, compared to $60,313 thousand in 2024[40] Capital Expenditures - Capital expenditures for the year were $32,562 thousand, slightly higher than $32,000 thousand in 2024[40] Quarterly Performance - EBITDA for the fourth quarter ended July 31, 2025, was $21,358 thousand, up from $18,249 thousand in 2024[42]
Oil-Dri of America(ODC) - 2025 Q4 - Annual Report
2025-10-09 20:07
Sales and Revenue - Walmart accounted for approximately 19% and 20% of total net sales for fiscal years 2025 and 2024, respectively[47]. - Consolidated net sales for fiscal year 2025 reached $485.6 million, an 11% increase from $437.6 million in fiscal year 2024[213]. - The Business to Business Products Group saw net sales grow by 21% to $182.6 million, driven by fluids purification products[212]. - The Retail and Wholesale Products Group's net sales increased by 6% to $303.0 million, attributed to the introduction of silica-gel crystal cat litter[213]. - Total net sales for the Business to Business Products Group reached $182.6 million in fiscal year 2025, a 21% increase from $150.5 million in fiscal year 2024[221]. - Net sales of fluids purification products increased by $17.6 million, or 19%, driven by higher demand for renewable diesel filtration products[221]. - Agricultural and horticultural product sales rose by $10.8 million, or 32%, due to stronger demand as key customers resumed purchasing[221]. - Animal health and nutrition product sales increased by $3.7 million, or 15%, primarily from higher sales volumes[221]. Financial Performance - Gross profit for fiscal year 2025 was $143.1 million, up 14% from $125.1 million in the previous year[214]. - Operating income increased by 32% to $68.2 million in fiscal year 2025, compared to $51.6 million in fiscal year 2024[212]. - Net income for fiscal year 2025 was $54.0 million, a 37% increase from $39.4 million in fiscal year 2024[212]. - Gross margin improved to 29.5% in fiscal year 2025, up from 28.6% in fiscal year 2024[214]. - Tax expense for fiscal year 2025 was $12.2 million, with an effective tax rate of 18%, down from 21% in fiscal year 2024[217]. - Consolidated net income for fiscal year 2025 was $54.0 million, or $3.70 per share, an increase from $39.4 million, or $2.72 per share in fiscal year 2024[218]. Product Development and Innovation - In fiscal year 2023, the company launched Cat's Pride Antibacterial Clumping Litter, the first EPA-approved antibacterial cat litter in the U.S.[28]. - The acquisition of Ultra Pet Company, effective May 1, 2024, expanded the product portfolio to include crystal cat litter made of synthetic silica-gel granules[31]. - The company has invested in research and development, resulting in new sorbent products and processes, with all R&D costs expensed in the period incurred[52]. - The company has obtained or applied for patents for certain processes and products, with U.S. patents generally lasting 15-20 years[55]. Market Competition - The competitive landscape includes significant competition in the cat litter market, with a focus on product performance, price, and brand recognition[48]. - The company faces intense competition in its markets, particularly in the cat litter segment, which may lead to price reductions and loss of market share[89]. - Future growth and financial performance are heavily reliant on successful new product introductions, with risks associated with research and development expenditures[88]. Operational Risks and Challenges - Supply chain disruptions, including labor shortages and logistics issues, could adversely affect production capacity and customer demand fulfillment[109]. - The company is subject to extensive environmental regulations, which could lead to significant compliance costs and operational delays[120]. - Future legal or regulatory changes may increase operational costs or limit production capabilities, impacting overall business performance[122]. - The company faces risks related to compliance with laws and regulations, which could lead to loss of customers and civil remedies, potentially impacting business operations significantly[123]. - Labor disputes and the inability to renew collective bargaining agreements could disrupt business operations and increase costs[157]. Resource Management - The company has approximately 207.6 million tons of total mineral reserves, with proven reserves of 92.3 million tons and probable reserves of 115.3 million tons, sufficient to meet needs for over 40 years based on current consumption rates[56][57]. - The company maintains a policy to ensure a minimum of forty years of proven and probable reserves at each location, with ongoing exploration for additional reserves[180]. - The company relies on the quality of mined clay for production, and variations in clay quality could increase processing costs and affect product performance[114]. - The company may face challenges in acquiring additional reserves due to competition and regulatory restrictions, impacting future supply[115]. Employee and Workplace Environment - As of July 31, 2025, the company employed approximately 928 teammates globally, with 893 based in the U.S. and 35 internationally[63]. - The company has a hybrid work environment for non-manufacturing teammates, allowing some positions to be 100% remote, enhancing work/life balance[76]. - The company offers a competitive compensation package, including a 401(k) plan with a 100% match on employee contributions up to 6% of earnings[74]. - The company has a robust health and wellness program, including health insurance, wellness programs, and gym reimbursement to promote healthy lifestyles[75]. Cybersecurity and Compliance - The company experienced a cyberattack that impacted co-packaged litter sales, preventing order placements during Q1 of fiscal year 2024[145]. - The company has implemented a cybersecurity framework aligned with industry standards to manage risks associated with cybersecurity threats[161]. - The company has not experienced material impacts from cybersecurity attacks to date, but acknowledges the potential for future adverse effects[145]. - Compliance with privacy and data protection laws may impose significant costs and challenges that are likely to increase over time[147]. - The company recognizes the importance of maintaining effective internal control over financial reporting to prevent financial fraud and ensure reliable financial reports[154]. Strategic Acquisitions - The company completed the Ultra Pet acquisition in May 2024, aiming to expand operations and reserves through strategic acquisitions[93]. - A significant portion of net sales is derived from a limited number of customers, with potential risks associated with changes in their purchasing behavior[97].
Oil-Dri Delivers Strongest Annual Financial Results in History, Bolstered by Solid Fourth Quarter Performance
Globenewswire· 2025-10-09 20:05
Core Insights - Oil-Dri Corporation of America reported record financial results for the fourth quarter and fiscal year 2025, highlighting strong growth across all business segments and a robust balance sheet [1][2][3] Financial Performance - Consolidated net sales for fiscal year 2025 reached $485.6 million, an 11% increase from the previous year, driven by 8% organic growth and a 3% contribution from the acquisition of Ultra Pet Company, Inc. [3][8] - Fourth quarter net sales were $125.2 million, marking a 10% increase year-over-year and the 17th consecutive quarter of sales growth [10][14] - Annual consolidated net income hit a historic high of $54.0 million, a 37% increase compared to the prior year, while EBITDA rose by 29% to $90 million [8][9] Segment Performance - The Business to Business (B2B) segment reported fourth quarter revenues of $48.1 million, a 24% increase, with significant contributions from agricultural and fluids purification products [15][17] - The Retail and Wholesale (R&W) segment achieved fourth quarter revenues of $77.1 million, a 3% increase, primarily driven by demand for domestic cat litter and industrial products [18][19] Cost and Profitability - Annual consolidated gross profit reached $143.1 million, a 14% increase, with gross margins expanding to 29.5% from 28.6% in the previous year [4][28] - Selling, general and administrative (SG&A) expenses rose 2% to $74.9 million for the fiscal year, with a slight decrease in the fourth quarter SG&A expenses to $19.2 million [5][12] Cash Flow and Balance Sheet - Cash and cash equivalents increased from $23.5 million at the end of fiscal year 2024 to $50.5 million as of July 31, 2025, driven by higher net income [9][29] - The company reduced long-term debt from $49.8 million to $38.8 million, reflecting disciplined capital allocation and strategic investments [9][30]
Amlan Sponsors Networking Experience at LPN Congress & Expo 2025
Globenewswire· 2025-10-06 20:00
Core Insights - Amlan is participating in the 4th LPN Congress & Expo in Miami, focusing on innovation and strategic partnerships in poultry production and animal nutrition [1][4] - The event will host over 3,000 attendees and 900 exhibitors from more than 50 countries, featuring a comprehensive technical program [3] - Amlan aims to showcase its natural feed additives and engage with industry leaders to promote sustainable, antibiotic-free production systems [4][6] Company Participation - Amlan will sponsor a coffee break on October 8, providing an informal setting for networking with industry peers [2] - The company plans to share its latest research on gut health and collaborate on sustainable strategies for producers in Latin America [5][6] - Amlan's participation reflects its commitment to enhancing animal health and producer profitability in the Latin American market [4][6] Industry Engagement - The LPN Congress & Expo serves as a platform for Amlan to connect with decision-makers and explore new opportunities in the poultry and livestock industries [3][6] - Amlan's team will engage in knowledge-sharing sessions and networking events to discuss emerging trends in poultry farming [7] - The event emphasizes the importance of collaboration and innovation in addressing challenges within the animal nutrition sector [4][5]