Oil-Dri Corporation (ODC) Reports Q3 EPS of $0.19

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Oil-Dri Announces Results for Third Quarter and First Nine Months of Fiscal 2015

June 8, 2015 4:08 PM EDT

CHICAGO, IL -- (Marketwired) -- 06/08/15 -- Oil-Dri Corporation of America (NYSE: ODC) today announced net sales of $65,196,000 for the third quarter of fiscal 2015 ended April 30, 2015, a 3% decrease compared with net sales of $67,417,000 for the same quarter one year ago. Net income for the third quarter was $1,385,000, or $0.19 per diluted share, up 92% from net income of $722,000, or $0.10 per diluted share, in the third quarter of fiscal 2014.

Net sales for the nine-month period ended April 30, 2015 were $195,883,000, a 2% decrease compared with net sales of $200,268,000 in the same period one year ago. Net income for the nine-month period was... More