NYSE$ODC

Oil-Dri Corporation of America · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Oil-Dri announced strong first quarter of fiscal 2021 and record first quarter net sales.

Oil-Dri Corporation of America reported a strong first quarter for fiscal year 2021, with net sales reaching $76.1 million, a 7% increase over the prior year, and net income attributable to Oil-Dri increasing by 13% to $4.0 million.

  • Consolidated net sales increased by 7% to $76 million, driven by cat litter, agricultural, and fluids purification products.
  • Net income attributable to Oil-Dri rose by 13% to $4.0 million.
  • Retail & Wholesale Products Group revenues increased by 9%, with domestic cat litter sales up by 12%.
  • Business to Business Products Group revenues increased by 4%, primarily due to a 22% increase in sales of agricultural products.

Headline financials

Total Revenue

$76.1M

Previous: $71.1M+7.0%
EPS (adj)

$0.56

Previous: $0.46+21.7%
Capital Expenditures

-$3.57M

Previous: -$3.9M+8.5%
Free Cash Flow

$416K

Previous: -$364K+214.3%
Net Income

$3.98M

Previous: $3.54M+12.7%
Operating Income

$5.18M

Previous: $4.12M+25.6%
Gross Profit

$20.3M

Previous: $19.9M+1.9%
Cash & Equivalents

$31.3M

Previous: $19.3M+62.5%
Total Assets

$227M

Previous: $210M+8.4%

Revenue & EPS history

Oil-Dri · Revenue · Quarterly

$76.1M

Q1 2021+7%vs Q1 2020

Revenue by segment

Oil-Dri · $76.1M total across 2 segments · Q1 2021

  • Retail and Wholesale
    $48.6M+8.8%
  • Business to Business
    $27.5M+3.9%

Forward guidance

Due to the uncertainty and concerns relating to the COVID-19 pandemic, Oil-Dri will host its first quarter fiscal 2021 earnings discussion and its Annual Meeting of Stockholders virtually via a live webcast on Tuesday, December 8, 2020 at 9:30 a.m. Central Time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.0%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+4.2%

Avg return

30 days after

58%

32 / 55 earnings

Positive

+19.9%

Q3 2023

Best reaction

-17.1%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+18.4%+13.7%
Q2 2026+3.7%-5.1%+12.2%
Q1 2026-12.7%-4.4%-3.9%
Q4 2025+8.0%-0.5%-6.5%
Q3 2025+0.0%+1.5%+5.8%
Q2 2025+9.0%+6.9%-5.0%
Q1 2025+18.4%+28.0%+24.2%
Q4 2024+5.9%+4.8%+12.5%
Q3 2024-15.7%-13.8%-26.7%
Q2 2024-1.1%-0.0%-1.2%
Q1 2024+9.6%+16.7%+13.4%
Q4 2023-9.8%-6.9%-8.5%
Q3 2023+19.9%+27.6%+60.2%
Q2 2023+5.3%+4.4%+7.4%
Q1 2023+5.0%+3.1%+5.9%
Q4 2022+13.1%+18.0%+35.5%
Q3 2022+2.6%+8.6%+22.3%
Q2 2022-2.6%+4.1%-2.0%
Q1 2022+1.8%-1.0%+4.6%
Q4 2021+0.5%+0.4%+0.3%
Q3 2021-4.8%-6.2%-8.3%
Q2 2021+0.2%-1.1%-7.5%
Q1 2021+1.0%+4.3%+0.8%
Q4 2020-5.0%-2.2%-11.3%
Q3 2020-4.2%-8.6%-8.1%
Q2 2020+1.1%-0.6%+2.0%
Q1 2020+1.1%+5.5%-0.1%
Q4 2019+2.5%+1.8%+13.4%
Q3 2019+3.8%-1.0%+19.5%
Q2 2019-0.3%+10.4%+16.7%
Q1 2019-4.3%-5.0%-3.1%
Q4 2018-0.9%-12.9%-5.1%
Q3 2018-3.1%-7.1%-1.9%
Q2 2018+0.3%+4.5%+9.3%
Q1 2018+0.6%+0.7%-7.5%
Q4 2017-17.1%-17.4%-16.5%
Q3 2017+6.9%+13.1%+20.1%
Q2 2017+1.4%+6.6%+7.8%
Q1 2017+2.3%-0.6%-8.4%
Q4 2016-1.3%+1.1%-2.7%
Q3 2016+1.2%+4.8%+7.2%
Q2 2016-9.9%
Q1 2015+8.3%
Q3 2015-3.4%
Q2 2014+1.4%
Q4 2012-1.5%
Q2 2012+2.3%
Q1 2012-1.9%
Q4 2011+4.1%
Q3 2011+0.6%
Q2 2011-3.1%
Q1 2010-2.8%
Q4 2010-2.6%
Q3 2010-0.4%
Q2 2009+1.8%

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