Oil-Dri Corporation of America

Oil-Dri Corporation of America reported strong financial results for Q2 2026, ending January 31, 2026. The company generated net sales of $117.7 million, resulting in a gross profit of $32.3 million and net income of $12.6 million. Operating income was $15.7 million, with income before taxes of $15.8 million. The company maintained solid cash generation with $28.4 million in net cash provided by operating activities, though net cash decreased by $3.5 million due to significant capital expenditures of $14.8 million and financing activities including $12.4 million in treasury stock purchases and $4.9 million in dividends paid. The balance sheet shows total assets of $388.1 million, with $176.8 million in current assets and $115.7 million in total liabilities, resulting in stockholders' equity of $272.4 million. The company's liquidity position remains strong with $46.9 million in cash and cash equivalents.

Key Takeaways