Oil-Dri Corporation of America announced second quarter fiscal 2026 results with record consolidated net sales of $117.7 million, up 1% year-over-year, despite impacts from Winter Storm Fern; net income was $12.6 million, down 3%, with diluted EPS of $0.87.
Key takeaways
Consolidated net sales $117,737 thousand for Q2 FY2026, +1% vs prior year
Net income $12,569 thousand for Q2 FY2026, -3% vs $12,921 thousand prior year
Diluted EPS $0.87 for Q2 FY2026, -2% vs $0.89 prior year
B2B net sales $41,977 thousand, -3% YoY; R&W net sales $75,760 thousand, +3% YoY
Gross margins 27.4% vs 29.5% prior year due to 4% higher domestic COGS per ton
Repurchased over 150,000 shares year-to-date; tracking to annual plan expecting to surpass last year’s net income