UPDATE: Oil-Dri Corp. (ODC) Reports Q4 EPS of $0.72

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Oil-Dri Announces Fourth Quarter and Fiscal Year 2016 Results

October 7, 2016 4:04 PM EDT

CHICAGO, IL -- (Marketwired) -- 10/07/16 -- Oil-Dri Corporation of America (NYSE: ODC) today announced net income for the fourth quarter of fiscal 2016 of $5,261,000 or $0.72 of earnings per diluted share. This compared to net income of $5,066,000 or $0.71 of earnings per diluted share in the same quarter of the prior year. Net sales of $64,916,000 in the quarter decreased by 1% compared to net sales of $65,519,000 in the same quarter of the prior year.

Net income for the fiscal year of $13,613,000 or $1.87 of earnings per diluted share was an 18% increase compared to net income of $11,368,000 or... More