Overview
Oil-Dri fiscal Q1 2026 net sales fell 6% yr/yr due to reduced volumes
Net income for fiscal Q1 2026 decreased 6% yr/yr
The maker of sorbent mineral products achieved record sales in agricultural products despite overall sales decline
Outlook
Oil-Dri did not provide specific financial guidance for future quarters in its press release
Result Drivers
REDUCED VOLUMES - Decline in net sales driven by reduced volumes in fluids purification and cat litter businesses
AGRICULTURAL PRODUCTS - Record sales in agricultural products due to high demand and increased prices
CO-PACKAGING CAT LITTER - Increased revenues from co-packaging cat litter business offset some sales declines
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Sales | $120.49 mln | ||
Q1 EPS | $1.14 | ||
Q1 Net Income | $15.46 mln | ||
Q1 Gross Profit | $35.50 mln | ||
Q1 Operating Income | $16.95 mln | ||
Q1 Pretax Profit | $17.67 mln |
Press Release: ID:nGNX5SPslX
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)