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.)