Core Insights - Oil-Dri Corporation of America reported record net sales, gross profit, and net income for the second quarter of fiscal year 2025, driven by strategic growth in fluids purification and animal health businesses, as well as the crystal cat litter market [2][3][9] Consolidated Financial Results - Consolidated net sales for Q2 2025 reached $116.9 million, an 11% increase from $105.7 million in Q2 2024, with 7% organic growth and a 4% contribution from the acquisition of Ultra Pet Company [3][9] - Operating income rose to $17.5 million, a 15% increase compared to $15.2 million in the same quarter last year [6][9] - Net income for Q2 2025 was $12.9 million, reflecting a 4% increase from $12.4 million in Q2 2024 [9][10] - EBITDA grew by 16% to $22.2 million, up from $19.2 million in the prior year [9][30] Segment Performance Business to Business (B2B) Products Group - B2B revenues increased by 20% to $43.4 million, with fluids purification sales reaching $26.5 million, a 17% increase, and animal health sales growing by 82% to $7.7 million [11][13] - Operating income for the B2B segment was $14.3 million, a 30% increase from $11.0 million in the previous year [13] Retail and Wholesale (R&W) Products Group - R&W revenues grew by 6% to $73.5 million, with $4.4 million contributed from the Ultra Pet acquisition [14][16] - Operating income for the R&W segment decreased by 5% to $11.3 million, impacted by higher operating costs despite increased net sales [16] Cost and Expense Analysis - Consolidated gross profit for Q2 2025 was $34.4 million, an 11% increase from the previous year, with gross margins slightly improving to 29.5% [4][9] - Selling, general and administrative expenses rose to $17.0 million, an 8% increase attributed to higher compensation and advertising costs [5][15] Cash Flow and Balance Sheet - Cash and cash equivalents as of January 31, 2025, totaled $22.6 million, down from $23.5 million at the end of fiscal year 2024 [10][27] - The company paid down $5.0 million of its revolving credit facility used for the Ultra Pet acquisition [10]

Core Insights - Oil-Dri Corporation of America will showcase its innovative lightweight cat litter products at the 2025 Global Pet Expo, highlighting brands such as Cat's Pride®, Jonny Cat®, and Ultra® [1][5] - The company emphasizes its commitment to sustainability and environmental responsibility through the production of lightweight cat litter, which reduces transportation carbon footprint [4] Company Overview - Oil-Dri Corporation is a leading manufacturer of specialty sorbent products, with over 80 years of experience in various markets including pet care and industrial applications [6] - The company is vertically integrated, allowing it to manage the entire process from research and development to marketing and sales [6] Product Innovations - Following the acquisition of Ultra Pet Company in 2024, Oil-Dri introduced Cat's Pride Micro Crystal Litter, which absorbs moisture and controls odors for up to 30 days [3] - The company launched Cat's Pride Antibacterial Clumping Litter, the first EPA-approved antibacterial litter in the U.S., which kills 99.9% of odor-causing bacteria [3] Event Participation - Oil-Dri will exhibit at Booth 2020 during the Global Pet Expo, providing opportunities for retailers and consumers to learn about their latest products and innovations [1][5] - The company aims to cater to diverse consumer preferences with a range of branded and private label options in various litter formulas [4]

Core Points - Oil-Dri Corporation of Georgia was awarded Large Business of the Year at the 2025 Community Impact Awards, recognizing its contributions to the local community [1] - The company has been part of the local community for over 60 years, operating a site in Ochlocknee, GA, and employing 320 local team members [2] - Oil-Dri engages in various community service activities, including food drives and scholarships for local students [2][3] - The leadership of Oil-Dri expressed gratitude for the award and reaffirmed their commitment to community service and corporate responsibility [3] - Oil-Dri Corporation of America specializes in manufacturing and supplying specialty sorbent products across various markets, with over 80 years of experience [4]

CHICAGO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Amlan® International, a global leader in mineral-based animal health solutions, will exhibit at VIV Asia 2025, taking place March 12–14 at IMPACT in Bangkok, Thailand. This premier industry event will welcome over 47,000 attendees and 200 expert speakers from across the animal protein production sector. At booth 2-2842, Amlan's leadership, technical experts and regional sales team will showcase its innovative natural feed additives, including Phylox®, Calibrin®-Z, ...

One of the blessings of running a hyper-concentrated portfolio of fewer than 10 stocks is that you have the opportunity to really get some great performance when things go right. But there is a downside toCrude 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, ...

I first wrote about Oil-Dri Corporation of America (NYSE: ODC ) on August 12 of 2024. Since then, the company has delivered 33% in total returns to shareholders (TSR). My thesis was simple: from a valuation perspective, the company was trading at a 26% discount toAn economics graduate with a passion for financial history; I apply my knowledge to markets in an effort to hopelessly predict trends and spot value. All opinions are my own and should not be taken seriously.Analyst’s Disclosure: I/we have no stock ...

CHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Amlan® International, a leading provider of mineral-based technologies for animal health, will be exhibiting at the International Production & Processing Expo (IPPE) 2025, held January 28–30, 2025, at the Georgia World Congress Center in Atlanta, Georgia. Amlan’s booth, B4011, will feature cutting-edge feed additives aimed at enhancing poultry health and productivity, with live-streamed demonstrations of the binding power and unique mineral properties of Amlan’s mi ...

Financial Performance - Consolidated net sales for Q1 FY2025 reached a record $127.9 million, a 15% increase from $111.4 million in Q1 FY2024[6] - Operating income increased by 61% to $21.2 million, up from $13.2 million in the same period last year[8] - Net income rose to a record $16.4 million, reflecting a 52% improvement compared to $10.7 million in Q1 FY2024[10] - EBITDA for the quarter was $26.2 million, representing a 51% increase from $17.4 million in the prior year[5] - Gross profit reached $40.8 million, a 32% gain over the prior year, with gross margins expanding to 32% from 28%[6] - Net sales for the three months ended October 31, 2024, were $127,945,000, an increase from $111,438,000 for the same period in 2023, representing a growth of 14.8%[26] - Gross profit for the three months ended October 31, 2024, was $40,780,000, which is 31.9% of sales, compared to $30,991,000 or 27.8% of sales in the prior year[26] - Operating income increased to $21,190,000, representing 16.6% of sales, up from $13,156,000 or 11.8% of sales in the same quarter last year[26] - Net income for the three months ended October 31, 2024, was $16,376,000, or 12.8% of sales, compared to $10,742,000 or 9.6% of sales in the previous year[26] - Basic net income per share increased to $2.43, up from $1.61 in the same quarter of 2023[26] - EBITDA for the first quarter ended October 31, 2024, was $26,167,000, compared to $17,384,000 for the same period in 2023[30] Revenue Breakdown - The B2B Products Group generated revenues of $48.4 million, a 24% increase driven by higher volumes and sales from fluids purification[12] - The Retail and Wholesale Products Group achieved revenues of $79.5 million, a 10% increase, with 8% attributed to the acquisition of Ultra Pet[14] Expenses and Assets - SG&A expenses increased by 10% to $19.6 million, reflecting higher compensation costs and other operating segment costs[7] - Cash and cash equivalents totaled $12.5 million, down from $23.5 million at the end of FY2024, due to significant investments in manufacturing infrastructure[11] - Total current assets as of October 31, 2024, were $144,115,000, a slight decrease from $147,158,000 as of July 31, 2024[28] - Total liabilities decreased to $126,179,000 as of October 31, 2024, from $144,017,000 as of July 31, 2024[28] - Cash and cash equivalents decreased to $12,506,000 from $23,481,000 in the previous quarter[28] Future Outlook - The company expects to continue its growth trajectory, supported by strong performance in renewable diesel and crystal cat litter markets[5] - Book value per share outstanding increased to $32.43 from $30.69[27]

CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.155 per share of the Company’s Common Stock and $0.1165 per share of the Company’s Class B Stock. The dividend amount has been proportionately reduced to reflect the anticipated two-for-one stock split, in the form of a stock dividend, where stockholders of record at the close of business on December 20, 2024, the record date of the stock split, will r ...

Oil-Dri Corporation of America (NYSE:ODC) Q1 2025 Results Conference Call December 11, 2024 10:30 AM ET Company Participants Leslie Garber - Director of Investor Relations Anthony W. Parker - Vice President, General Counsel and Secretary Daniel S. Jaffee - President & Chief Executive Officer Susan Kreh - Chief Financial Officer & Chief Information Officer Aaron Christiansen - Vice President of Operations Bruce Patsey - Vice President & General Manager Chris Lamson - Group Vice President of Retail and Wholes ...