NYSE$ODC

Oil-Dri Corporation of America · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Oil-Dri reported record sales and gross profit for the fourth quarter and achieved the highest annual net income in company history.

Oil-Dri Corporation of America reported record consolidated net sales of $113.7 million for the fourth quarter of fiscal year 2024, a 6% increase over the prior year. The company also achieved record gross profit for the quarter. Net income attributable to Oil-Dri decreased to $8.5 million compared to $11.9 million in the prior year.

  • Consolidated net sales reached a historic high of $113.7 million, a 6% increase year-over-year.
  • Consolidated gross profit was an all-time quarterly high, representing a 9% increase over the prior year.
  • The acquisition of Ultra Pet contributed $4.8 million to net sales.
  • Operating income for the R&W Products Group reached $9.7 million, reflecting an 18% increase.

Headline financials

Total Revenue

$114M

Previous: $107M+5.9%
EPS (adj)

$1.17

Previous: $1.69-30.8%
SG&A Expenses

$20.1M

No prior period
EBITDA

$18.2M

No prior period
Gross Margin

29.0%

Previous: 28.0%+3.6%
Income Tax Expense

$3.48M

No prior period
Capital Expenditures

-$8.28M

No prior period
Net Income

$8.53M

Previous: $11.9M-28.5%
Operating Income

$12.9M

Previous: $12.7M+1.4%
Gross Profit

$33M

Previous: $30.4M+8.5%

Revenue & EPS history

Oil-Dri · Revenue · Quarterly

$114M

Q4 2024+5.9%vs Q4 2023

Revenue by segment

Oil-Dri · $111M total across 2 segments · Q1 2024

  • Retail and Wholesale
    $72.3M+11.4%
  • Business to Business
    $39.2M+16.2%

Forward guidance

As we begin fiscal year 2025, we will continue to build upon this strong performance and plan to enhance market penetration across all of our different businesses.

Headwinds

  • Additional expenses related to the integration of Ultra Pet are expected to be incurred in the first quarter of fiscal year 2025.

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 Q4 2024

Historical avgQ4 2024

+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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