Oil-Dri Corp. (ODC) Reports Q1 EPS of $0.75

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Oil-Dri Announces Record First Quarter Fiscal 2016 Results

December 4, 2015 4:04 PM EST

CHICAGO, IL -- (Marketwired) -- 12/04/15 -- Oil-Dri Corporation of America (NYSE: ODC) today announced income for the first quarter of fiscal 2016 of $5,423,000, or $0.75 of diluted earnings per share, compared to net income of $2,120,000, or $0.30 of diluted earnings per share, in the same quarter of the prior year. Net sales in the quarter of $67,795,000 increased by 3% compared to net sales of $66,044,000 in the same quarter of the prior year. Quarterly income was a record high for the second consecutive quarter.

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President and Chief Executive Officer Daniel S.... More