Oil-Dri Corp Q2 revenue rises 1% to record high, profit slips

Oil-Dri of America

11/03/2026 20:36

Overview

U.S. sorbent products maker's fiscal Q2 revenue rose 1% yr/yr to record high

Net income for Q2 declined 3%

Severe winter storm disrupted operations, delaying shipments and shifting revenue to next quarter

Outlook

Company anticipates surpassing last yr's annual net income if current trends continue

Oil-Dri says revenues delayed by winter storm expected to shift into next reporting period

Result Drivers

WEATHER DISRUPTION - Severe winter storm delayed shipments and shifted revenue to next quarter, impacting Q2 results

PRODUCT MIX - Record net sales driven by higher agricultural and cat litter product sales

HIGHER COSTS - Gross margin declined due to a 4% increase in domestic cost of goods sold per ton

Company press release: ID:nGNX6yXdH3

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
$117.7 mln
Q2 EPS
$0.87
Q2 Net Income
$12.6 mln
Q2 Operating Income
$15.7 mln


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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.)