# EDGAR Filing Document

**Accession Number:** 0000074046
**File Stem:** 0001628280-26-041544
**Filing Date:** 2026-6
**Character Count:** 37814
**Document Hash:** 1161cab0ec47a9ce9ae72da312e28236
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-041544.hdr.sgml**: 20260608

**ACCESSION NUMBER**: 0001628280-26-041544

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260608

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260608

**DATE AS OF CHANGE**: 20260608

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Oil-Dri Corp of America
- **CENTRAL INDEX KEY:** 0000074046
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS MANUFACTURING INDUSTRIES [3990]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 362048898
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-12622
- **FILM NUMBER:** 261072724

**BUSINESS ADDRESS:**
- **STREET 1:** 410 NORTH MICHIGAN AVENUE
- **STREET 2:** SUITE 400
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60611
- **BUSINESS PHONE:** 3123211515

**MAIL ADDRESS:**
- **STREET 1:** 410 NORTH MICHIGAN AVENUE
- **STREET 2:** SUITE 400
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60611

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OIL-DRI Corp OF AMERICA
- **DATE OF NAME CHANGE:** 20170417

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OIL DRI CORP OF AMERICA
- **DATE OF NAME CHANGE:** 20170307

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OIL-DRI CORP OF AMERICA
- **DATE OF NAME CHANGE:** 20170306

?xml version='1.0' encoding='ASCII'? odc-20260608

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported) June 8, 2026

**OIL-DRI CORPORATION OF AMERICA** 

(Exact name of the registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware**  | **001-12622**  | **36-2048898** |
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| &nbsp;&nbsp;&nbsp;&nbsp;410 North Michigan Avenue, Suite 400 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chicago, Illinois |  | 60611-4213 |
| (Address of principal executive offices) |  | (Zip Code) |
| The registrant's telephone number, including area code: (312) 321-1515  | The registrant's telephone number, including area code: (312) 321-1515  | The registrant's telephone number, including area code: (312) 321-1515  |

---

 <br> (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.10 per share | ODC | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

    

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| | |
|:---|:---|
| **<u>Item 2.02</u>** | **Results of Operations and Financial Condition.** |

---

On June 8, 2026, Oil-Dri Corporation of America (the "Company") issued a press release announcing its results of operations for its third quarter ended April 30, 2026. A copy of the press release is attached as Exhibit 99.1, and the information contained therein is incorporated herein by reference.

The information in this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. This information shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such disclosure in this Form 8-K in such a filing.

---

| | |
|:---|:---|
| **<u>Item 8.01</u>** | **Other Events.** |

---

At its regular meeting on June 3, 2026, the Board of Directors of the Company (the "Board") declared quarterly cash dividends of $0.225 per share of Common Stock, and $0.168 per share of Class B Stock. The dividends will be payable on August 21, 2026 to stockholders of record at the close of business on August 7, 2026.

At its June 3, 2026 meeting, the Board also authorized the repurchase of up to 500,000 shares of Common Stock. These shares are in addition to the 172,261 shares of Common Stock and 208,197 shares of Class B Stock available for repurchase as of April 30, 2026 under prior authorizations from the Board. Repurchases may be made on the open market (pursuant to Rule 10b5-1 plans or otherwise) or in negotiated transactions. The timing, number and manner of share repurchases will be determined by our management pursuant to the repurchase plan previously approved by our Board.

A copy of the press release issued on June 3, 2026 announcing these matters is attached as Exhibit 99.2, and the information contained therein is incorporated herein by reference.

---

| | |
|:---|:---|
| **<u>Item 9.01</u>** | **Financial Statements and Exhibits.** |

---

(d)Exhibits

---

| | |
|:---|:---|
| Exhibit |  |
| Number | Description of Exhibits |
| 99.1 | <u>[Press Release of the Company dated June 8, 2026](odcf26q3ex991-earningsrele.htm)</u> |
| 99.2 | <u>[Press Release of the Company dated June 3, 2026](odcf26q3ex992-dividendrele.htm)</u> |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document) |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| OIL-DRI CORPORATION OF AMERICA | OIL-DRI CORPORATION OF AMERICA |
| By: | /s/ Anthony W. Parker |
|  | Anthony W. Parker |
|  | Vice President, General Counsel & Secretary |

---

Date: June 8, 2026

## Exhibit 99.1

![image2.gif](image2.gif)

*410 N. Michigan Ave. Chicago, Illinois 60611, U.S.A*

**News Announcement**

*For Immediate Release*

Exhibit 99.1

**Oil-Dri Reports Record Third Quarter Revenues and Strong Earnings Growth**

CHICAGO-(June 8, 2026) - Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its third quarter and first nine- months of fiscal year 2026.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Third Quarter** | **Third Quarter** | **Third Quarter** | **Year to Date** | **Year to Date** | **Year to Date** |
| (in thousands, except per share amounts) | *Ended April 30,* | *Ended April 30,* | *Ended April 30,* | *Ended April 30,* | *Ended April 30,* | *Ended April 30,* |
|  | **2026** | **2025** | **Change** | **2026** | **2025** | **Change** |
| Consolidated Results |  |  |  |  |  |  |
| Net Sales | $126329 | $115501 | 9% | $364552 | $360360 | 1% |
| Income from Operations \* | $17093 | $13904 | 23% | $49740 | $52576 | (5)% |
| Net Income | $14526 | $11644 | 25% | $42551 | $40941 | 4% |
| EBITDA † | $23770 | $20248 | 17% | $69146 | $68631 | 1% |
| Diluted EPS - Common | $1.00 | $0.80 | 25% | $2.93 | $2.81 | 4% |
| Business to Business |  |  |  |  |  |  |
| Net Sales | $43841 | $42678 | 3% | $130104 | $134509 | (3)% |
| Segment Operating Income | $12959 | $13382 | (3)% | $38392 | $44814 | (14)% |
| Retail and Wholesale |  |  |  |  |  |  |
| Net Sales | $82488 | $72823 | 13% | $234448 | $225851 | 4% |
| Segment Operating Income | $11299 | $9709 | 16% | $34470 | $34414 | —% |

---

*\* Comprised of Consolidated Operating Income less unallocated corporate expenses.<br>† Please refer to Reconciliation of Non-GAAP Financial Measures below for a reconciliation of Non-GAAP items to the comparable GAAP measures.*

<br> Daniel S. Jaffee, President and Chief Executive Officer, stated, "I am pleased to announce that after two consecutive quarters of challenging year-over-year comparisons, our recent results surpassed the prior year. Record third quarter consolidated net sales grew 9% and, combined with disciplined expense management, drove a 25% increase in net income despite inflationary pressure on cost of goods sold. Substantial cash generation also enabled us to continue returning value to our shareholders. While the ongoing conflict in the Middle East has contributed to broad market volatility, it did not have a material impact on our results for the third quarter. As we move into the final three months of our fiscal year, we expect to achieve our annual plan and surpass last year's net income, although ongoing geopolitical unrest and related increases in transportation and input costs could create headwinds that may affect our ability to do so."

**Consolidated Results** 

As previously reported, the Company was impacted by Winter Storm Fern in January 2026, which disrupted Oil-Dri's supply chain and affected customers' ability to receive or pick up orders. Following the storm, operations recovered quickly, and service levels remained strong. During the third quarter of fiscal year 2026, the Company achieved fill rates of 99.9%, reflecting

operational resilience. As a result, our backlog declined by $2.2 million from the end of the prior quarter, causing a shift in revenue recognition into the third quarter of fiscal year 2026.

Consolidated net sales for the three months ended April 30, 2026 reached $126.3 million, up 9% from the prior year period. Higher revenues were achieved across both the Business to Business ("B2B") and Retail & Wholesale ("R&W") Products Groups, with elevated cat litter demand driving the majority of the growth.

Consolidated gross profit for the third quarter of fiscal year 2026 was $33.7 million, an increase of 2% over the prior year. Gross margins were 26.7% in the third quarter of fiscal year 2026 compared to 28.6% in the same period in fiscal year 2025. A 6% increase in per ton domestic cost of goods sold contributed to the erosion in margin.

Selling, general and administrative ("SG&A") expenses were $16.6 million during the third quarter of fiscal year 2026 compared to $19.1 million in the prior year. This $2.5 million, or 13%, decline primarily resulted from a lower corporate bonus accrual.

Consolidated income from operations was $17.1 million in the third quarter of fiscal year 2026, or 23% greater than the same period in fiscal year 2025. Higher sales coupled with lower SG&A expenses were partially offset by elevated per ton cost of goods sold.

Total other income, net was $800,000 for the three months ended April 30, 2026, compared to $300,000 in the same period last year.

During the third quarter of fiscal 2026, income tax expense rose to $3.4 million from $2.6 million in the prior-year period, driven by higher pre-tax income.

Consolidated net income for the third quarter of fiscal year 2026 was $14.5 million versus $11.6 million last year, representing a 25% improvement over the prior year.

Cash and cash equivalents for the three month period ended April 30, 2026 totaled $62.9 million compared to $50.5 million at the end of fiscal year 2025. Significant uses of cash during the third quarter of fiscal 2026 include capital investments for manufacturing infrastructure improvements and dividends.

**Product Group Review** 

The B2B Products Group's third quarter fiscal year 2026 revenues were $43.8 million, up 3% from the prior year. Year-over-year topline growth was generated by the Company's agricultural and animal health businesses, while revenues from fluids purification products declined slightly. Sales of agricultural products reached $12.4 million, a 7% increase over last year, driven by elevated demand from new and existing customers and from order timing. Amlan International, Oil-Dri's animal health business, reported sales of $6.4 million during the third quarter of fiscal 2026, up 10% over the prior year. This improvement was attributable to higher volumes, including additional demand from new end-user accounts gained during the year, as well as from the successful recovery of a portion of a distributor's previously lost sales from a key customer. Revenues from fluids purification products totaled $25.0 million in the third quarter of fiscal year 2026, reflecting a relatively steady performance, albeit a decrease of 1% from the prior year.

SG&A expenses within the B2B Products Group for the third quarter of fiscal year 2026 remained flat compared to the same period last year.

Operating income for the B2B Products Group was $13.0 million in the third quarter of fiscal year 2026 compared to $13.4 million in the prior year period, reflecting a decrease of 3%. Higher net sales were offset by elevated cost of goods sold.

The R&W Products Group delivered record sales of $82.5 million in the third quarter of fiscal year 2026, up 13% from the prior year. Gains were primarily driven by higher revenues from cat litter, and to a lesser extent, from industrial and sports products. Domestic cat litter sales, excluding co-packaged products, totaled $57.9 million for the third quarter of fiscal year 2026, up 10% from the prior year period. This improvement was primarily due to higher demand and the shift of orders into the third quarter caused by delays from Winter Storm Fern. Crystal cat litter volumes reached record levels, and sales of lightweight and coarse litter products increased over the prior year. In addition, co-packaged cat litter sales surged 94% to a new record high in the third quarter, supported by an expanded product portfolio that now includes lightweight litter. These results are consistent with 13-week retail data ended April 18, 2026¹, which showed that the lightweight litter segment again outperformed the overall cat litter category. Domestic industrial and sports products achieved record sales of $12.7 million for the third quarter of fiscal year 2026, up 3% from the third quarter of fiscal year 2025. Growth was driven by pricing actions to offset higher costs. The Company's Canadian subsidiary reported a 2% revenue increase in the third quarter of fiscal year 2026 compared to the same period last year.

During the third quarter of fiscal 2026, SG&A expenses within the R&W Products Group decreased by $500,000, or 9%, from the prior year, primarily due to the timing of advertising spending.

Operating income for the R&W Products Group was $11.3 million in the third quarter of fiscal year 2026, an increase of 16% compared to the same period last year. Higher sales and decreased SG&A expenses drove this improvement.

The Company will host its third quarter fiscal year 2026 earnings discussion virtually via a live webcast on Tuesday, June 9, 2026 at 10:00 a.m. Central Time. Participation details are available on the Company's website's Events page.

###

*"Oil-Dri" and "Amlan" are registered trademarks of Oil-Dri Corporation of America and its subsidiaries.* 

<sup>1</sup>*Based in part on data reported by NielsenIQ through its Scantrack Service for the Cat Litter Category in the 13-week period ended April 18, 2026, for the U.S. xAOC+Pet Supers market. Copyright© 2026 NielsenIQ.*

**About Oil-Dri Corporation of America**

Oil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. Oil-Dri is vertically integrated which enables the Company to efficiently oversee every step of the process from research and development to

------

![image2.gif](image2.gif)4

supply chain to marketing and sales. With over 80 years of experience, the Company continues to fulfill its mission to Create Value from Sorbent Minerals.

**Forward-Looking Statements**

Certain statements in this press release may constitute forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are based on management's current expectations, estimates, forecasts, assumptions and projections about future events, our future performance, the future of our business, our plans and strategies, projections, anticipated trends, the economy and other future developments and their potential effects on us. In addition, we, or others on our behalf, may make forward-looking statements in other press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls and conference calls. Forward-looking statements can be identified by words such as "expect," "outlook," "forecast," "would," "could," "should," "project," "intend," "plan," "continue," "believe," "seek," "estimate," "anticipate," "may," "assume," "potential," "strive," and variations of such words and similar references to future periods.

Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated, intended, expected, believed, estimated, projected, planned or otherwise expressed in any forward-looking statements, including, but not limited to, those described in our most recent Annual Report on Form 10-K and from time to time in our other filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, changes in assumptions, or otherwise.

**Non-GAAP Financial Measures**

To supplement our consolidated financial statements prepared in accordance with generally accepted accounting principles ("GAAP"), we provide certain non-GAAP financial measures in this press release as supplemental financial metrics. In particular, EBITDA is a non-GAAP financial measure provided herein. We provide a reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure below.

The non-GAAP financial measures we use may not be the same or calculated in the same manner as those used and calculated by other companies. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for our financial results prepared and reported in accordance with GAAP. We believe that certain non-GAAP measures may be helpful to investors and others in understanding and evaluating our operating results, and we urge investors to review the reconciliation of non-GAAP financial

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![image2.gif](image2.gif)5

measures to the comparable GAAP financial measures included in this release, and not to rely on any single financial measure to evaluate our business.

Contact:

Leslie A. Garber

Director of Investor Relations

Oil-Dri Corporation of America

InvestorRelations@oildri.com

(312) 321-1515

------

![image2.gif](image2.gif)6

---

| | | | | |
|:---|:---|:---|:---|:---|
| **CONSOLIDATED STATEMENTS OF OPERATIONS** | **CONSOLIDATED STATEMENTS OF OPERATIONS** | **CONSOLIDATED STATEMENTS OF OPERATIONS** | | |
| (in thousands, except per share amounts) |  |  |  |  |
|  | **Third Quarter Ended April 30,** | **Third Quarter Ended April 30,** | **Third Quarter Ended April 30,** | **Third Quarter Ended April 30,** |
|  | **2026** | **% of Sales** | **2025** | **% of Sales** |
| **Net Sales** | $126329 | 100.0% | $115501 | 100.0% |
| **Cost of Goods Sold** | (92601) | (73.3)% | (82479) | (71.4)% |
| **Gross Profit** | 33728 | 26.7% | 33022 | 28.6% |
| **Selling, General and Administrative Expenses** | (16635) | (13.2)% | (19118) | (16.6)% |
| **Operating Income** | 17093 | 13.5% | 13904 | 12.0% |
| **Other Income, Net** | 818 | 0.6% | 344 | 0.3% |
| **Income Before Income Taxes** | 17911 | 14.2% | 14248 | 12.3% |
| **Income Taxes Expense** | (3385) | (2.7)% | (2604) | (2.3)% |
| **Net Income** | 14526 | 11.5% | 11644 | 10.1% |
| **Earnings Per Share: Basic Common** | $1.08 |  | $0.86 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic Class B** | $0.81 |  | $0.65 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted Common** | $1.00 |  | $0.80 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted Class B** | $0.81 |  | $0.65 |  |
| **Avg Shares Outstanding: Basic Common** | 9848 |  | 9907 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic Class B** | 4048 |  | 4002 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted Common** | 13896 |  | 13909 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted Class B** | 4048 |  | 4002 |  |

---

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![image2.gif](image2.gif)7

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| | | | | |
|:---|:---|:---|:---|:---|
| **CONSOLIDATED STATEMENTS OF OPERATIONS** | **CONSOLIDATED STATEMENTS OF OPERATIONS** | **CONSOLIDATED STATEMENTS OF OPERATIONS** | | |
| (in thousands, except per share amounts) |  |  |  |  |
|  | **Nine Months Ended April 30,** | **Nine Months Ended April 30,** | **Nine Months Ended April 30,** | **Nine Months Ended April 30,** |
|  | **2026** | **% of Sales** | **2025** | **% of Sales** |
| **Net Sales** | $364552 | 100.0% | $360360 | 100.0% |
| **Cost of Goods Sold** | (263027) | (72.2)% | (252110) | (70.0)% |
| **Gross Profit** | 101525 | 27.8% | 108250 | 30.0% |
| **Selling, General and Administrative Expenses** | (51785) | (14.2)% | (55674) | (15.4)% |
| **Income from Operations** | 49740 | 13.6% | 52576 | 14.6% |
| **Other Income (Expense), Net** | 1659 | 0.5% | (1866) | (0.5)% |
| **Income Before Income Taxes** | 51399 | 14.1% | 50710 | 14.1% |
| **Income Taxes Expense** | (8848) | (2.4)% | (9769) | (2.7)% |
| **Net Income** | 42551 | 11.7% | 40941 | 11.4% |
| **Earnings Per Share: Basic Common** | $3.15 |  | $3.03 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic Class B** | $2.37 |  | $2.28 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted Common** | $2.93 |  | $2.81 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted Class B** | $2.37 |  | $2.28 |  |
| **Avg Shares Outstanding: Basic Common** | 9884 |  | 9882 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic Class B** | 4035 |  | 3991 |  |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted Common** | 13919 |  | 13873 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted Class B** | 4035 |  | 3991 |  |

---

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![image2.gif](image2.gif)8

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| | | |
|:---|:---|:---|
| **CONSOLIDATED BALANCE SHEETS** | | |
| (in thousands, except per share amounts) |  |  |
|  | **As of April 30,** | **As of July 31,** |
|  | **2026** | **2025** |
| **Current Assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Cash and Cash Equivalents** | $62941 | $50458 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Accounts Receivable, Net** | 75772 | 69370 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Inventories, Net** | 52420 | 51594 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Prepaid Expenses and Other Assets** | 5212 | 5961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Current Assets** | 196345 | 177383 |
| **Property, Plant and Equipment, Net** | 150799 | 149704 |
| **Other Assets** | 61646 | 64590 |
| **Total Assets** | $408790 | $391677 |
| **Current Liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Current Maturities of Notes Payable** | $1000 | $1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Accounts Payable** | 13848 | 16808 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Dividends Payable** | 2750 | 2444 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Other Current Liabilities** | 42322 | 48935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Current Liabilities** | 59920 | 69187 |
| **Noncurrent Liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Long-term debt** | 38847 | 38817 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Other Noncurrent Liabilities** | 24797 | 24613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Noncurrent Liabilities** | 63644 | 63430 |
| **Stockholders' Equity** | 285226 | 259060 |
| **Total Liabilities and Stockholders' Equity** | $408790 | $391677 |
| **Book Value Per Share Outstanding** | $20.49 | $18.66 |

---

------

![image2.gif](image2.gif)9

---

| | | |
|:---|:---|:---|
| **CONSOLIDATED STATEMENTS OF CASH FLOWS** | | |
| (in thousands) |  |  |
|  | **For the Nine Months Ended** | **For the Nine Months Ended** |
|  | **April 30,** | **April 30,** |
|  | **2026** | **2025** |
| **CASH FLOWS FROM OPERATING ACTIVITIES** |  |  |
| **Net Income** | $42551 | $40941 |
| **Adjustments to reconcile net income to net cash** |  |  |
| **provided by operating activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Depreciation and Amortization** | 17186 | 16391 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Increase in Accounts Receivable** | (6203) | (3816) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Increase in Inventories** | (766) | (2547) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Decrease in Prepaid Expenses** | 463 | 1234 |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Decrease) Increase in Accounts Payable** | (641) | 495 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Decrease in Accrued Expenses** | (5529) | (2268) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Other** | 6147 | 4558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Adjustments** | 10657 | 14047 |
| **Net Cash Provided by Operating Activities** | 53208 | 54988 |
| **CASH FLOWS FROM INVESTING ACTIVITIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Capital Expenditures** | (20918) | (24483) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Acquisition of Business** |  | (115) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Proceeds from sale of property, plant and equipment** |  | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Dispositions of Investment Securities** | 312 |  |
| **Net Cash Used in Investing Activities** | (20606) | (24509) |
| **CASH FLOWS FROM FINANCING ACTIVITIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Payments on Revolving Credit Facility** |  | (10000) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Dividends Paid** | (7626) | (6290) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Purchases of Treasury Stock** | (12537) | (2233) |
| **Net Cash Used In Financing Activities** | (20163) | (18523) |
| **Effect of exchange rate changes on Cash and Cash Equivalents** | 44 | 38 |
| **Net Decrease in Cash and Cash Equivalents** | 12483 | 11994 |
| **Cash, Cash Equivalents and Restricted Cash, Beginning of Period** | 50458 | 24481 |
| **Cash, Cash Equivalents and Restricted Cash, End of Period** | $62941 | $36475 |

---

------

![image2.gif](image2.gif)10

---

| | | | | |
|:---|:---|:---|:---|:---|
| **RECONCILIATION OF NON-GAAP FINANCIAL MEASURES** | **RECONCILIATION OF NON-GAAP FINANCIAL MEASURES** | **RECONCILIATION OF NON-GAAP FINANCIAL MEASURES** | **RECONCILIATION OF NON-GAAP FINANCIAL MEASURES** | |
| (in thousands) |  |  |  |  |
|  | **Third Quarter** | **Third Quarter** | **Year to Date** | **Year to Date** |
|  | **Ended April 30,** | **Ended April 30,** | **Ended April 30,** | **Ended April 30,** |
|  | **2026** | **2025** | **2026** | **2025** |
| **GAAP: Net Income** | $14526 | $11644 | $42551 | $40941 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Depreciation and Amortization** | $5708 | $5574 | $17186 | $16391 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Interest Expense** | $537 | $548 | $1648 | $1888 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Interest Income** | $(386) | $(122) | $(1087) | $(358) |
| &nbsp;&nbsp;&nbsp;&nbsp;**Income Tax Expense** | $3385 | $2604 | $8848 | $9769 |
| **EBITDA** | $23770 | $20248 | $69146 | $68631 |

---

## Exhibit 99.2

![image2.gif](image2.gif)

410 N. Michigan Ave. Chicago, Illinois 60611, U.S.A

**News Announcement**

*For Immediate Release*

  

Exhibit 99.2

**Oil-Dri Increases Dividends for 23**<sup>rd</sup> **Consecutive Year**

 **and Authorizes Stock Repurchases**

CHICAGO—(June 3, 2026)—The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared a two-cent increase in the Company's quarterly cash dividend per share of Common Stock, marking the 23<sup>rd</sup> consecutive year of dividend growth. The new dividend will be $0.225 per share of the Company's Common Stock and $0.168 per share of the Company's Class B Stock, an approximate 10% increase for both classes of stock.

Oil-Dri has paid cash dividends continuously each year since 1974, demonstrating the Company's sustained fiscal strength and disciplined capital management over time.

The cash dividends will be payable on August 21, 2026 to stockholders of record at the close of business on August 7, 2026.

The Board of Directors also authorized the repurchase of up to 500,000 shares of Common Stock. These shares are in addition to the 172,261 shares of Common Stock and 208,197 shares of Class B Stock available for repurchase as of April 30, 2026 under prior authorizations from the Board of Directors.

"Our strong financial foundation allows us to further raise our dividend following the increase announced in December, while also enhancing our share repurchase program," said Daniel S. Jaffee, President and Chief Executive Officer of Oil-Dri. "These actions reflect our confidence in the Company's future and reinforce our commitment to thoughtful capital allocation and long-term shareholder returns."

The shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in accordance with federal securities laws. The actual timing, number and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of Oil-Dri's stock and general market and economic conditions.

The Company's press release outlining its performance for the third quarter of fiscal year 2026 will be issued after the close of the U.S. stock market on Monday, June 8, 2026. Oil-Dri will host an earnings discussion via a live webcast on Tuesday, June 9, 2026 at 10:00 a.m. Central Time. Participation details are posted on the Company's website's Events page.

------

![image2.gif](image2.gif)

  

**About Oil-Dri Corporation of America**

Oil-Dri Corporation of America ("Oil-Dri") is a leading manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. Oil-Dri is vertically integrated which enables the Company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With over 80 years of experience, the Company continues to fulfill its mission to *Create Value from Sorbent Minerals*. To learn more about the Company, please visit oildri.com.

**Forward-Looking Statements**

Certain statements in this press release may constitute forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are based on management's current expectations, estimates, forecasts, assumptions and projections about future events, our future performance, the future of our business, our plans and strategies, projections, anticipated trends, the economy and other future developments and their potential effects on us. In addition, we, or others on our behalf, may make forward-looking statements in other press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls and conference calls. Forward-looking statements can be identified by words such as "expect," "outlook," "forecast," "would," "could," "should," "project," "intend," "plan," "continue," "believe," "seek," "estimate," "anticipate," "may," "assume," "potential," "strive," and variations of such words and similar references to future periods.

Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated, intended, expected, believed, estimated, projected, planned or otherwise expressed in any forward-looking statements, including, but not limited to, those described in our most recent Annual Report on Form 10-K and from time to time in our other filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, changes in assumptions, or otherwise.

------

![image2.gif](image2.gif)

  

Contact:

Leslie A. Garber

Director of Investor Relations

Oil-Dri Corporation of America

InvestorRelations@oildri.com

(312) 321-1515

<br>