Strong Financial Performance
Oil-Dri reported revenue increases of 10% over the prior year's fourth quarter, driven primarily by volume and a favorable product mix. B2B products saw a robust 24% year-over-year revenue growth.
Significant Cash Flow and EBITDA Growth
Net cash provided by operating activities was $80 million, a 33% increase compared to fiscal year 2024. Full year EBITDA of $90 million was up 29% over the prior year.
Successful Ultra Pet Acquisition
The acquisition of Ultra Pet was deemed successful, providing value-added product expansion and acquiring key talent.
Dividend Increase
A 16% dividend per share increase was announced for fiscal year 2026, demonstrating the company's commitment to providing predictable and sustainable dividends.
Agricultural Sales Surge
Agricultural sales surged by 104% in Q4, attributed to normalized purchasing patterns and a new key customer.