Oil-Dri Reports Third Quarter and Nine-Month Results

Oil-Dri Corporation of America (NYSE: ODC) reported net sales for the third quarter of $56,259,000, a 3% decrease compared with net sales of $58,053,000 for the same quarter of the previous year.

The press release is quoted as saying:

Net sales for the nine-month period were $164,397,000, a 9% decrease compared with net sales of $180,311,000 for the same period one year ago. Net income for the nine-month period was $7,042,000, or $0.96 per diluted share, compared with net income of $7,034,000, or $0.97 per diluted share, in the same period one year ago.

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