Earnings call transcript: Oil-Dri posts record Q4 2026 results as shares fall

Oil-Dri Corporation of America reported record fiscal 2026 results, with fourth-quarter sales hitting an all-time high and annual net income and EBITDA reaching new records. Despite the impressive numbers, the stock fell 4.89% in after-hours trading, indicating that investors were more focused on the company's long-term growth potential than the headline figures.

The company's business-to-business sales rose 4% in Q4 to a record $50 million, while retail and wholesale sales increased by 3% to $79 million. Co-packaged cat litter was the fastest-growing category, up 47% for the year and 60% in Q4. The company ended the year with a record $74 million in cash and cash equivalents, up 45% from the previous year.

Analysts are cautious, as the stock remains below its 52-week low and the company's growth drivers are questioned.