Every material Form 8-K Oil-Dri Corp of America has filed with the SEC since June 08, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Oil-Dri Corporation of America reported fourth-quarter fiscal 2026 net sales of $129.3 million, up 3%, and net income of $14.4 million, up 10%, with diluted EPS for Common stock at $1.00 versus $0.89. For the full fiscal year ended July 31, 2026, net sales rose 2% and net income rose 6%, but gross margin fell to 27.8% from 29.5%. The filing also covers a quarterly dividend declaration and an executive officer appointment.
Q4 net sales $129.3 million, up 3%, the highest quarterly revenue in the Company's history
Q4 net income $14.4 million, up 10%; diluted EPS for Common stock $1.00 versus $0.89
Fiscal 2026 net sales $493.8 million (up 2%) and net income $57.0 million (up 6%); gross margin 27.8% versus 29.5%
Board declared quarterly dividends of $0.225 per Common share and $0.168 per Class B share, payable November 20, 2026; Anthony W. Parker named executive officer
Oil-Dri Corporation of America amended its BMO credit agreement on October 7, 2026, raising its revolving line of credit from $75 million to $100 million and extending the termination date to October 7, 2031. The company also amended its Prudential note purchase agreement, raising the shelf note capacity from $75 million to $150 million, and both amendments add restrictions on dividends, distributions and share repurchases, which matter to shareholders.
BMO revolving line of credit increased from up to $75 million to up to $100 million, with the termination date extended to October 7, 2031.
Accordion provision allows an additional increase of up to the greater of $125 million or 100% of Consolidated EBITDA, subject to conditions.
Prudential shelf note capacity increased from $75 million to $150 million, with the issuance period extended to October 7, 2029.
New restricted payments covenant limits dividends, distributions and share repurchases unless the company is not in default and other specified conditions are met.
Oil-Dri reported third-quarter fiscal 2026 results for the quarter ended April 30, 2026, with net sales of $126.3 million, up 9%, and net income of $14.5 million, up 25%. Its board also raised the quarterly dividend by about 10% and authorized repurchases of up to 500,000 more Common shares, though nine-month income from operations fell 5%.
Q3 net sales $126.3 million, up 9%; diluted EPS (Common) $1.00 versus $0.80 a year earlier.
Gross margin fell to 26.7% from 28.6%, partly offset by SG&A expenses down $2.5 million, or 13%.
Board declared quarterly dividend of $0.225 per Common share, payable August 21, 2026 to holders of record August 7, 2026.
Board authorized repurchase of up to 500,000 Common shares, in addition to 172,261 Common and 208,197 Class B shares available as of April 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Oil-Dri Corp of America filing is on SEC EDGAR ↗. 8-K briefs of other companies →