tiprankstipranks
Trending News
More News >

Oil-Dri Corporation reports Q1 EPS $2.25 vs. $2.25 vs $1.50 last year

Reports Q1 revenue $127.9M vs. $111.4M last year…Daniel S. Jaffee, President and Chief Executive Officer, stated, “I am happy to report that our fiscal year 2025 is off to a very positive start as we have once again achieved record results for consolidated net sales, gross profit, and net income in the first quarter. We also delivered a 400-basis point year-over-year expansion in our gross margins, propelling our margins to 32%. Our strong performance was driven by increased volumes, a favorable product mix, and improved operational efficiencies. Solid execution of our growth strategies to establish a foothold in the growing renewable diesel and crystal cat litter markets helped us achieve this success. Looking ahead, we believe we are well positioned to continue this upward trajectory.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue