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Shares of Oil-Dri Corporation of America (ODC) have decreased by 6.7% following the release of its first-quarter fiscal 2026 results for the period ended October 31, 2025. In contrast, the S&P 500 index rose by 0.1% during the same timeframe. The company’s consolidated net sales fell 6% to $120.5 million compared to $127.9 million in the prior year, while net income also decreased by 6% to $15.5 million.
Despite these declines, Oil-Dri reported the second-highest quarterly gross profit and net income in its history. Gross profit totaled $35.5 million, down 13% from the previous year, while diluted earnings per share reached $1.06. Following the quarterly results, the board approved a 14% increase in the quarterly cash dividend, underscoring management’s confidence in the company’s financial position and long-term outlook.
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