Oil-Dri of America(US:ODC) Globenewswire·2025-10-09 20:05Core 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]