Oil-Dri Posts Record FY2026: $57M Net Income, $3.92 Diluted EPS, and Expands Credit Facilities
ODC sits 84% above its 52-week low of $45.61.
Summary
Oil-Dri reported record FY2026 results with $57.0M net income and $3.92 diluted EPS, and simultaneously expanded its credit facilities to support future growth.
Key Events · Earnings and Guidance · ODC
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Record FY2026 Net Income
Net income reached $57.0M, up 6% from $54.0M in FY2025, with diluted EPS of $3.92 versus $3.70.
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Revenue Growth Led by Retail
Consolidated net sales rose 2% to $493.8M; Retail and Wholesale grew 4% to $313.6M, offsetting a 1% decline in Business to Business.
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Gross Margin Compression
Gross margin fell to 27.8% from 29.5% as per-ton manufacturing costs rose 6% and transportation costs rose 3%.
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Credit Facility Expansion
BMO revolver increased to $100M with accordion up to $125M or 100% of EBITDA; Prudential shelf doubled to $150M.
Analysis · ODC · Manufacturing
Fiscal 2026 closed with record net sales of $493.8 million and net income of $57.0 million, up 6% year over year. Growth was led by the Retail and Wholesale segment, which posted a 4% sales increase, while gross margin compressed to 27.8% from 29.5% on higher per-ton manufacturing and transportation costs. The same-day debt amendments meaningfully expand financial flexibility: the BMO revolver grows to $100 million with an accordion up to $125 million or 100% of EBITDA, and the Prudential shelf doubles to $150 million. A new restricted payments covenant ties dividends and buybacks to covenant compliance, a governance detail worth noting for income-focused holders.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 28.6% of the 1679 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ODC was trading at $84.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $45.61 to $107.00. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.