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Stock impact report

Oil-Dri Corp of America Triples Net Income in Q2, Sees 8% Revenue Growth Year-to-Date [Yahoo! Finance]

Oil-Dri Corporation Of America (ODC) 
US:NYSE Investor Relations: investors.oildri.com
Company Research Source: Yahoo! Finance
Earnings Per Share (EPS) : Diluted EPS for common stock jumped to $1.70, up 204% from the prior year. Gross Margin : Improved significantly to 29.3% in Q2 from 22.6% in the previous year. Cash and Cash Equivalents : Increased to $27.8 million, reflecting a $13.8 million rise from the prior year. Segment Performance : Business to Business segment's operating income up by 42%, while Retail and Wholesale segment's operating income increased by 37%. Warning! GuruFocus has detected 8 Warning Signs with ODC. On March 7, 2024, Oil-Dri Corp of America ( NYSE:ODC ) released its 8-K filing , announcing a remarkable performance for the second quarter and first half of fiscal year 2024. The company, known for its diverse range of sorbent products, including popular brands like Cat's Pride and Jonny Cat, has reported a significant increase in net income and revenue, attributing success to strategic initiatives and a diversified product portfolio. Financial Highlights and Operational P Show less Read more
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