CHICAGO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.31 per share of the Company's Common Stock and $0.233 per share of the Company's Class B Stock and approved a two-for-one stock split in the form of a stock dividend. The quarterly cash dividends will be payable on November 22, 2024 to stockholders of record at the close of business on November 8, 2024. Oil-Dri has paid cash dividends continuously each ...

CHICAGO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Out of 350 nominees, Oil-Dri Corporation of America (NYSE: ODC), headquartered in Chicago, has been selected as one of the Top 100 Finalists in the running for the 23rd annual Chicago Innovation Awards. The awards celebrate the most innovative new products and services in the Chicago region across all organization sizes, sectors and industries. Over 700 business and civic leaders will come together to honor the winners when they are announced on November 14, 2024 ...

CHICAGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced today that it will change the timing of the previously announced fourth quarter and fiscal year 2024 live webcast and extend the duration of the earnings discussion to 45 minutes. The Company will now host its webcast on Friday, October 11, 2024, at 9:00 a.m. Central Time instead of at 10:00 a.m. Central Time. The date and webcast participation information remain unchanged. As previously announced, Oil-Dri will ...

CHICAGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Amlan International, a leading innovator in mineralbased feed additives for poultry and animal production, is pleased to announce the appointment of Marty Thompson as Southwest Key Accounts Manager for the U.S. Marty joins Amlan with extensive experience in the livestock and feed industry, bringing a proven track record of success and a passion for fostering valuable partnerships. "We are thrilled to welcome Marty Thompson to the Amlan team," said Heath Wessels, V ...

CHICAGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced today that it will release earnings for its fourth quarter and fiscal year 2024 after the close of the U.S. stock market on Thursday, October 10, 2024. The Company will host a live webcast on Friday, October 11, 2024, at 10:00 a.m. Central Time to discuss these financial results. Participation details can be found on the Company's website's Events page, where the webcast will also be available for replay. Archiv ...

SergeyChayko/iStock via Getty Images The Oil-Dri Corporation of America (NYSE:ODC) is a small, well managed producer of sorbent products. Despite some shakiness in 2021, since 2020, the firm has enjoyed rising profitability, earned large amounts of undervalued free cash flows, with a yield of 5.4%, given out dividends that are well-supported by these free cash flows, and created $48.8 million in value. The market has not adapted to this and Oil-Dri is very pessimistically valued, at a 26% discount to its in ...

ODC's heavy reliance on Walmart for a substantial portion of its sales introduces revenue volatility risks. For fiscal 2023, Walmart accounted for approximately 19% of the total net sales. Any significant changes in Walmart's purchasing patterns could adversely impact Oil-Dri's financial performance. Sales in the agricultural and animal health product segments fell 24% and 17% year over year, respectively, in the third quarter of fiscal 2024. These declines were attributed to reduced demand and inventory ad ...

In my last article about Oil-Dri Corporation of America, we only had data covering through the first quarter of the company's 2024 fiscal year. Today, we now have results covering through the third quarter. For the first nine months of the 2024 fiscal year, revenue for the company came in at $323.9 million. That's a respectful 6% increase over the $305.6 million the company generated one year earlier. According to management, this is due not only to higher prices on the firm's products, but also because of ...

Oil-Dri Corporation of America (NYSE:ODC) Q3 2024 Earnings Conference Call June 7, 2024 11:00 AM ET Company Participants Dan Jaffee - President & CEO Leslie Garber - Director, IR Susan Kreh - CFO & CIO Chris Lamson - Group VP, Retail & Wholesale Wade Robey - VP, Ag & President, Amlan International Bruce Patsey - VP, Fluids Purification Group Operator Good day, and thank you for standing by. Welcome to the Third fiscal '24 Earnings Discussion. At this time, all participants are in a listen-only mode. After t ...

Exhibit 99.1 Oil-Dri Announces Record Sales and Gross Profit for the Third Quarter and First Nine-Months of Fiscal 2024 CHICAGO-(June 6, 2024) - Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its third quarter and first nine-months of fiscal year 2024. | (in thousands, except per share amounts) | | | Third Quarter Ended April 30, | | | | Year to Date Ended April 30, | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2 ...