Oil-Dri Corporation of America (ODC) Earnings Call Transcripts

Oil-Dri Corporation of America's Latest Earnings Call - Q3 FY2026

In the third quarter of fiscal 2026, Oil-Dri Corporation reported net sales of $126 million, reflecting a 9% increase year-over-year, driven by strong demand in the cat litter segment, which rose 13%. Earnings from operations increased by 23%, although gross margins faced pressure due to rising costs. Management maintained a positive outlook, emphasizing strong cash generation of $25 million and a 10% dividend increase, signaling confidence in future performance despite margin challenges.

Reported metrics

Guidance from management

Management remains optimistic about future growth, particularly in the cat litter and Amlin segments, while acknowledging ongoing cost pressures. They expect to continue generating strong cash flow to support investments and shareholder returns.

What management said

materially differ. In our press release and in our SEC filings, we highlight a number of important risk factors, trends, and uncertainties that may affect our future performance. We ask that you review and consider those factors in evaluating the company's comments and in evaluating any investment in oil-dried stock. Thank you for joining us. Back to you, Dan.

Our fill rate of 99.9 means we ship 999 pallets for every 1,000 ordered, and one pallet didn't make it. I think I said it in reverse, so now I've corrected it, and so now we can open up the Q&A. Perfect.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of margins amid rising costs and competitive pressures in the cat litter market. There were questions about how the company plans to navigate these challenges while maintaining growth.

Main topics on the call

• Revenue Growth — Oil-Dri's net sales reached $126 million, a 9% increase compared to the same quarter last year. The CEO noted, 'We experienced significant growth in cat litter sales, which were up 13% over the same quarter in the prior ...
• Margin Pressure — Gross margins decreased by 190 basis points year-over-year, primarily due to a 6% increase in domestic costs per ton. Susan Cray, CFO, stated, 'We face the challenge during the quarter in terms of cost pressure on our gr...
• Strong Cash Generation — The company generated $25 million in net cash from operating activities during the quarter, which supports ongoing investments. Management highlighted that 'cash generation is super strong,' indicating solid operational ...
• Dividend Increase — The board announced a 10% increase in the dividend to 22.5 cents per share, payable on August 21, 2026. This decision reflects management's confidence in the sustainability of cash flow and profitability.

Read the full Oil-Dri Corporation of America transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 Oil-Dri Corporation of America earnings call transcripts on record, spanning March 6, 2020 to June 9, 2026. Based on this history, Oil-Dri Corporation of America reports quarterly. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ODC

Exchange

NYSE

Country

US

Sector

Consumer Staples

Industry

Household Products

Calls on record

26

First call

March 6, 2020

Most recent

June 9, 2026

Reporting cadence

quarterly