Oil-Dri Corporation has formed a bullish technical breakout with strong quality metrics, but a consecutive earnings-miss pattern and a negative news-driven downgrade to sell-if-holding cloud the near-term outlook.
Thesis pillars
- Negative News Modifier Downgrade→Stable
- Consecutive Earnings Misses→Stable
- Bullish Technical Breakout→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Jul 5, 2026, based on the 10-K filed Oct 8, 2026
Oil-Dri Corporation Of America (ODC) Stock Analysis
Basic Materials · Specialty Chemicals
Sell if holding. Momentum 1.6/10 is below the 5.0 floor at $75.03 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Consecutive earnings misses (4); Sector modifier (Basic Materials): -0.1.
Oil-Dri mines calcium bentonite, attapulgite and diatomaceous shale in Mississippi, Georgia, Illinois and California and sells the resulting sorbents through two segments: Retail and Wholesale (Cat's Pride and Jonny Cat litter, private label, industrial absorbents, sports... Read more
Sell if holding. Momentum 1.6/10 is below the 5.0 floor at $75.03 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Consecutive earnings misses (4); Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.9/10, moderate confidence.
Passes 5/7 gates (clean insider activity, no SEC red flags, earnings proximity 39d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.
About Oil-Dri Corporation Of America
About Oil-Dri Corporation Of America
Oil-Dri mines calcium bentonite, attapulgite and diatomaceous shale at sites in Mississippi, Georgia, Illinois and California and processes them into sorbent products, with proven and probable reserves of 228.5 million tons as of July 31, 2026. The company reported approximately 927 employees worldwide and sells cat litter, industrial absorbents, sports field products, edible-oil purification clays and animal health additives. Walmart and its affiliates accounted for approximately 18% of net sales in fiscal 2026, against 19% in fiscal 2025.
Oil-Dri reports two segments. Retail and Wholesale Products sells Cat's Pride and Jonny Cat clay litter, private label litter, crystal litter acquired with Ultra Pet on May 1, 2024, floor absorbents and Pro's Choice sports field products through mass merchandisers, grocery, drug, dollar and pet outlets and online retailers; it also makes certain Fresh Step litter products for a Clorox subsidiary under long-term supply agreements. Business to Business Products sells bleaching clays to edible oil processors and renewable diesel refiners, Agsorb and Verge carriers to agricultural chemical makers, and Amlan animal health products in the U.S., Latin America, Mexico, Asia and Africa. The filing names six principal competitors in the retail segment, one of which is also a customer, and ten in the business segment, where bleaching products compete in a highly cost competitive global market. Natural gas fuels the processing kilns, and some forward purchase contracts moderate price swings.
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Customer concentration is the clearest lens. Walmart is described as a long-term relationship, yet the 10-K says sales rest mainly on individual orders rather than fixed-duration contracts, so most customers could cut purchases on relatively short notice. Large retailers may also demand lower prices, special packaging or shorter lead times, and a shift of shelf space toward private label would weigh on branded litter. No Business to Business customer reached 10% of total sales, which limits the exposure to the retail side, though the filing warns that a loss of Walmart or another top customer could harm sales and profitability.
See also: Basic Materials · Specialty Chemicals
From Oil-Dri Corporation Of America's most recent 10-K filing, extracted October 18, 2026.
Recent developments
updated 2026-10-29Recent Developments — Oil-Dri Corporation Of America
Latest news
- NEWS Oil-Dri names Parker executive officer, declares dividend By Investing.com - Investing.com India — Investing.com India positive
- NEWS Oil-Dri names Parker executive officer, declares dividend By Investing.com - Investing.com Canada — Investing.com Canada positive
- NEWS Oil-Dri’s Board of Directors Appoints Anthony W. Parker as an Executive Officer and Declares Quarterly Dividends - www.m — www.marketscreener.com positive
- NEWS Oil-Dri’s Board of Directors Appoints Anthony W. Parker as an Executive Officer and Declares Quarterly Dividends - Yahoo — Yahoo Finance positive
- NEWS ODC stock heads into October 8 results with revenue growth - AD HOC NEWS — AD HOC NEWS positive
Generated 2026-10-29T11:48:40Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Concentration Risks(10-K Item 1A)
- LOWCustomerWalmart18%10-K Item 1: 'Sales to Walmart and its affiliates accounted for approximately 18% and 19% of our total net sales for fiscal years 2026 and 2025'
- MEDIUMCommodityclay mining for sorbent minerals supply10-K Item 1A: 'We depend on our mining operations, and quality of the clay mined, for a majority of our supply of sorbent minerals.'
- MEDIUMSupplierlimited number of suppliers of raw materials and packaging10-K Item 1A: 'Some of our products require raw materials and/or packaging that are provided by a limited number of suppliers and/or service providers'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
3 floor-breakers
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Momentum 1.6/10 is below the 5.0 floor at $75.03 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Consecutive earnings misses (4); Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $69.78. Score 4.9/10, moderate confidence.
Resistance target: $91.00 (+21.3% upside). Prior stop was $69.78. Stop-loss: $69.78.
Sector modifier (Basic Materials): -0.1; Consecutive earnings misses (4); Weak overall score: 4.9/10.
Oil-Dri Corporation Of America trades at a P/E of 19.1 (forward N/A). TrendMatrix value score: 5.6/10. Verdict: Sell.
What does Oil-Dri Corporation Of America do?Oil-Dri mines calcium bentonite, attapulgite and diatomaceous shale in Mississippi, Georgia, Illinois and California...
Oil-Dri mines calcium bentonite, attapulgite and diatomaceous shale in Mississippi, Georgia, Illinois and California and sells the resulting sorbents through two segments: Retail and Wholesale (Cat's Pride and Jonny Cat litter, private label, industrial absorbents, sports fields) and Business to Business (edible-oil and renewable-diesel purification clays, agricultural carriers, animal health). Walmart and its affiliates were about 18% of fiscal 2026 net sales. Proven and probable mineral reserves total 228.5 million tons.