Oil-Dri Q4 net sales rises to record high on improved product mix
Oil-Dri Q4 net sales rises to record high on improved product mix
Overview
US sorbent mineral producer's Q4 net sales rose 3% yr/yr to a record high
Q4 net income increased 10% and EPS rose 12% yr/yr
Company cites improved product mix and lower SG&A expenses as key drivers
Outlook
Company did not provide specific financial guidance for fiscal 2027
Result Drivers
PRODUCT MIX - Co said improved product mix in both B2B and retail and wholesale segments supported record Q4 sales
CAT LITTER SALES - Co said strong growth in co-packaged and crystal cat litter offset declines in domestic clay litter, with co-packaged cat litter sales up 60% yr/yr
LOWER SG&A EXPENSES - Co said reduced outside service and human resource costs led to an 8% decline in Q4 SG&A expenses
Company press release: ID:nGNX8nkZNm
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales |
| $129.29 mln |
|
Q4 EPS |
| $1 |
|
Q4 Net Income |
| $14.42 mln |
|
Q4 Gross Profit |
| $35.99 mln |
|
Q4 Operating Income |
| $18.24 mln |
|
Q4 Pretax Profit |
| $18.08 mln |
|
Reuters Recommended Reads
Oct 6 - Neogen Q1 results beat estimates on Food Safety segment growth, raises FY27 guidance
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
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