Company Reports Q1 Revenue of $120.49M
Reports Q1 revenue $120.49M vs. $127.95M last year. Daniel Jaffee, president and CEO, stated, "As expected, our strong results for the first quarter of fiscal year 2026 were measured against last year's record performance, creating challenging year-over-year comparisons. Even so, we delivered the second highest quarterly gross profit and net income results in our Company's history, reflecting the underlying strength and momentum of our business. We continued to execute our growth strategies with discipline, advanced key initiatives across our product portfolio, invested in opportunities that support long-term growth, and returned value to shareholders, all while generating substantial cash. With these fundamentals in place, we remain focused on the sustained expansion of our business in the future."
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- Earnings Per Share: Oil Dri reported a GAAP EPS of $0.87 for Q2, indicating the company's ability to maintain stable profitability, which reflects its ongoing competitiveness in the market despite limited year-over-year growth.
- Revenue Growth: The company achieved revenue of $117.74 million, marking a 0.7% increase year-over-year, which suggests that Oil Dri is managing to retain a certain market share and customer demand in the current economic climate.
- Financial Stability: Despite facing market challenges, Oil Dri's financial performance remains robust, demonstrating effective management in cost control and operational efficiency, which enhances investor confidence in its future growth prospects.
- Dividend Performance: Oil Dri's strong dividend performance further solidifies its appeal as a stable investment choice, particularly in the context of increasing economic uncertainty, attracting investors seeking reliable returns.
- Dividend Increase: Oil-Dri Corporation has declared a 2.5-cent increase in its quarterly cash dividend to $0.205 per share, representing a 14% rise over the previous quarter, reflecting the company's strong financial foundation and cash position.
- Ongoing Returns: This marks the second dividend increase in 2025, demonstrating the company's confidence in its long-term outlook and reinforcing its commitment to delivering sustained value to shareholders.
- Historical Performance: Oil-Dri has paid cash dividends continuously since 1974 and has increased dividends annually for 22 consecutive years, showcasing its stable profitability and shareholder return strategy.
- Future Outlook: The company will release its second-quarter fiscal year 2026 performance on March 11, 2026, followed by a live webcast discussion on March 12, which is expected to further enhance investor confidence and attract more attention.
- Dividend Increase: Oil-Dri Corporation has raised its quarterly cash dividend to $0.205 per share, reflecting a 14% increase over the previous quarter, which underscores the company's solid financial foundation and boosts shareholder confidence.
- Consistent Dividend Record: This marks the second dividend increase in 2025, with Oil-Dri having paid cash dividends continuously since 1974, demonstrating its long-term profitability and commitment to shareholders.
- Future Outlook: The company plans to release its second-quarter fiscal year 2026 performance report on March 11, 2026, and will host a live webcast discussion on March 12, enhancing investor interest in the company's future developments.
- Management Confidence: CEO Daniel S. Jaffee stated that the dividend increase reflects the company's strong cash position and confidence in long-term growth, aiming to deliver sustained value to shareholders.
Profit Decline: Oil-Dri Corp Of America reported a second-quarter profit of $15.46 million, down from $16.38 million in the same period last year.
Earnings Per Share: The earnings per share (EPS) decreased to $1.06 from $1.13 year-over-year.
Revenue Drop: The company's revenue fell by 5.8%, totaling $120.49 million compared to $127.95 million in the previous year.
Financial Overview: Key financial figures include earnings of $15.46 million, EPS of $1.06, and revenue of $120.49 million for the quarter.
- Sales Decline: Oil-Dri's Q1 net sales reached $120.5 million, reflecting a 6% year-over-year decrease primarily due to reduced volumes in fluids purification and cat litter, indicating market challenges faced by the company.
- Operating Income Drop: The company reported operating income of $16.95 million for Q1, a 20% decline year-over-year, although it showed an 8% sequential increase, highlighting efforts in cost control amidst declining sales.
- EBITDA Reduction: Q1 EBITDA totaled $23.64 million, down 10% from the previous year but up 11% sequentially, indicating ongoing improvements in profitability despite the overall decline.
- Cash Flow Status: As of October 31, 2025, cash and cash equivalents stood at $42.4 million, an 8.1% decrease year-over-year, primarily used for capital investments and shareholder returns, reflecting the company's balance between investment and return strategies.
- Sales Performance Decline: Oil-Dri reported net sales of $120.5 million for Q1, a 6% year-over-year decline primarily due to reduced volumes in fluids purification and cat litter, highlighting challenges against last year's record performance.
- Operating Income Decrease: The company achieved operating income of $16.95 million in Q1, reflecting a 20% decrease year-over-year but an 8% sequential increase, indicating efforts in cost control and operational efficiency.
- Gross Margin Decline: Q1 gross margin was 29.5%, down from 31.9% in the prior year, primarily due to lower volumes and increased cost per ton, impacting overall profitability.
- Cash Flow Situation: As of October 31, 2025, cash and cash equivalents totaled $42.4 million, down from $50.5 million at the end of the previous fiscal year, reflecting pressure from capital investments and shareholder returns.










