Last $29.94 USD
Change Today +0.11 / 0.37%
Volume 5.3K
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

oil-dri corp of america (ODC) Key Developments

Oil-Dri Corp. of America Announces Earnings Results for the Third Quarter and Nine Months Ended April 30, 2014

Oil-Dri Corp. of America announced earnings results for the third quarter and nine months ended April 30, 2014. For the quarter, the company reported net income was $722,000, or $0.10 per diluted share, compared to $3.25 million, or $0.46 per diluted share, for the same quarter ended April 30, 2013. Net sales were $67.42 million, compared to $64.15 million for the same quarter ended April 30, 2013. For the nine months, the company reported net income was $7.89 million, or $1.11 per diluted share, compared to $9.85 million, or $1.40 per diluted share, for the same period ended April 30, 2013. Net sales were $200.27 million, compared to $186.69 million for the same period ended April 30, 2013.

Oil-Dri Corporation of America Declares Quarterly Cash Dividends, Payable on August 29, 2014

Oil-Dri Corporation of America declared quarterly cash dividends of $0.20 per share of the company’s common stock and $0.15 per share of the company’s class B stock, approximately a 5% increase for both classes of stock. The dividends declared will be payable in the first quarter of fiscal 2015, on August 29, 2014, to stockholders of record at the close of business on August 15, 2014.

Oil-Dri Corp. of America Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended April 30, 2014

Oil-Dri Corp. of America announced unaudited consolidated earnings results for the third quarter and nine months ended April 30, 2014. For the quarter, the company reported net sales of $67,417,000 compared with $64,152,000 for the same period a year ago. Operating income was $990,000 compared with $4,674,000 for the same period a year ago. Income before income taxes was $863,000 compared with $4,441,000 for the same period a year ago. Net income was $722,000 or $0.10 per diluted share compared with $3,251,000 or $0.46 per diluted share for the same period a year ago. For the nine months, the company reported net sales of $200,268,000 compared with $186,691,000 for the same period a year ago. Operating income was $11,066,000 compared with $14,458,000 for the same period a year ago. Income before income taxes was $10,286,000 compared with $13,529,000 for the same period a year ago. Net income was $7,890,000 or $1.11 per diluted share compared with $9,849,000 or $1.40 per diluted share for the same period a year ago. Net cash provided by operating activities was $10,710,000 compared with $19,274,000 for the same period a year ago. Capital expenditures was $13,291,000 compared with $7,805,000 for the same period a year ago.

Oil-Dri Corp. of America, Q3 2014 Earnings Call, Jun 09, 2014

Oil-Dri Corp. of America, Q3 2014 Earnings Call, Jun 09, 2014

Oil-Dri Corporation of America Appoints Mark E. Lewry as Chief Operating Officer

The Board of Directors of Oil-Dri Corporation of America appointed Mark E. Lewry as Chief Operating Officer. Mr. Lewry, who is 55 years old, was previously with the Marmon Group, a Berkshire Hathaway Company, where he served as Group President of five business units within the Retail Store Fixtures business sector. Prior to the Marmon Group, Mr. Lewry served as President and CEO of Conwed Plastics and President of Profile Products LLC.

 

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