Latest news with #ODC
Toronto Star
6 days ago
- Business
- Toronto Star
Oil-Dri Corporation of America Wins 2025 Top Workplaces Industry Award, A National Recognition
CHICAGO, July 23, 2025 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE:ODC) is proud to announce it has been honored with the 2025 Top Workplaces Industry Award, a national distinction presented by Energage. The award celebrates organizations that have built people-first cultures within their industries and recognizes Oil-Dri as an employer of choice in the manufacturing sector. The Top Workplaces program, now in its 17th year, is based entirely on employee feedback gathered through a research-backed engagement survey. Winners are selected for their commitment to fostering workplace cultures where employees feel valued, connected, and empowered.
Barnama
07-07-2025
- Business
- Barnama
Oecusse To Spearhead Timor-Leste's Modernisation In Bold CMC-RAEOA Initiative
KUALA LUMPUR, July 7 (Bernama) -- In a major public-private partnership, Core Management Corporation (CMC) and the Special Administrative Region of Oecusse-Ambeno (RAEOA) have announced the launch of the Oecusse Digital Centre (ODC) Smart Hub, a 140-acre, multi-sector development set to become Timor-Leste's first smart city. In a statement, CMC Chairman, Dr Ken Lim said the development would attract international capital and create long-term economic value. "This project is not just about powering infrastructure — it is about securing the future of Oecusse. The solar farm will provide clean, reliable energy for the ODC and future developments, with several more high-impact projects and international collaborations in the pipeline that will be unveiled in the coming months," he said.
Associated Press
07-07-2025
- Business
- Associated Press
RAEOA and CMC Ignite a New Chapter: Oecusse to Lead Timor-Leste's Modernization
OECUSSE, Timor-Leste--(BUSINESS WIRE)--Jul 7, 2025-- This press release features multimedia. View the full release here: CMC's Support Centre in Oecusse, Timor-Leste. In a landmark display of visionary public-private collaboration, the Special Administrative Region of Oecusse-Ambeno (RAEOA) and Core Management Corporation (CMC) have unveiled a bold, multi-sector development strategy to position Oecusse as Timor-Leste's premier hub for digital innovation, sustainable tourism, and green energy. At the heart of this transformation lies the Oecusse Digital Centre (ODC) Smart Hub — a pioneering 140-acre integrated development that merges the iconic Oe-Upu Hotel with cutting-edge digital infrastructure, forming the country's first future-ready smart city. This vibrant destination will feature five-star accommodations, curated retail and dining, wellness zones, MICE-ready facilities, and regulated entertainment precincts — all seamlessly connected in a self-sustaining, modern ecosystem. The ODC will drive Timor-Leste's leap into the digital economy, housing the nation's first licensed online support and international call centre operations, advanced data centres, tech parks, global education and medical campuses, and smart residential communities. Designed to accommodate up to 150,000 workers and residents, the Smart Hub stands as a national model for inclusive growth, digital innovation, and strategic foreign investment. To power this transformation, RAEOA and CMC have partnered with Weidun Energy to develop Timor-Leste's largest renewable energy project — a 50 MW solar farm designed to deliver clean, stable, and scalable energy to the ODC and surrounding infrastructure. Under the first agreement signed with the Government of RAEOA, Phase 1 (4 MW) has already commenced and will secure energy needs for critical infrastructure, while reinforcing Timor-Leste's commitment to sustainable national development. Voices of Leadership H.E. Rogério Lobato, President of RAEOA, stated: 'This marks a defining moment for Oecusse and for Timor-Leste. We chose to work with CMC not only because of their bold vision and professionalism but also because of their genuine long-term commitment to transformative development. This partnership will generate thousands of local jobs, uplift our communities, and significantly raise the standard of living for our people. We are building a new national narrative — one rooted in innovation, sustainability, and international cooperation.' Dr. Ken Lim, Chairman of CMC, added: 'This project is not just about powering infrastructure — it's about securing the future of Oecusse. The solar farm will provide clean, reliable energy for the ODC and future developments such as data centres, while creating jobs and attracting responsible global capital. And this is just the beginning — several more high-impact projects and international collaborations are in the pipeline, and will be unveiled in the coming months.' Mr. Guo Chen, CEO of Weidun Energy, commented: 'We are proud to work alongside RAEOA and CMC to deliver the country's most significant green energy project. With Phase 1 already underway, we're deploying scalable solar solutions to power sustainable progress — not just for infrastructure, but for the future of Timor-Leste.' Global Partnerships on the Horizon CMC's bold and integrated vision has sparked global investor interest. A landmark joint venture is now nearing finalization with a world-renowned international conglomerate. The partnership will co-develop next-generation smart infrastructure and high-capacity data centres within the ODC, placing Oecusse at the forefront of Southeast Asia's digital frontier. The upcoming signing ceremony — set to be attended by senior government officials, VIPs, and global industry leaders — will mark a historic turning point, unlocking access to international capital, advanced technologies, and world-class networks. The message is clear: Oecusse is open for business, and CMC is leading the way. Vincent Yeoh, Managing Director of CMC, remarked: 'ODC and the Oe-Upu Hotel are just the beginning. We are executing a bold roadmap that spans digital economy, tourism, education, and financial services. With our next flagship project launching in Dili, we are expanding the vision far beyond Oecusse. We've been approached by numerous regional and international players keen to collaborate across various sectors— and we are actively engaging in discussions.' Jonathan Chan, Chief Legal Officer, concluded: 'CMC stands apart for our commitment to governance, transparency, and long-term impact. The ODC Smart Hub will be built on our G.O.L.D. Standard — Governance, Openness, Legitimacy, and Diligence — values that define our partnerships. As we scale into tech infrastructure and smart logistics, more transformative announcements are on the horizon.' View source version on CONTACT: Media Contact: Jonathan Chan Chief Legal Officer Core Management Corporation [email protected] KEYWORD: SINGAPORE EAST TIMOR THAILAND SOUTHEAST ASIA MALAYSIA ASIA PACIFIC INDUSTRY KEYWORD: TECHNOLOGY CONSTRUCTION & PROPERTY FINANCE CONSULTING URBAN PLANNING OTHER TECHNOLOGY PROFESSIONAL SERVICES ALTERNATIVE ENERGY ENERGY SOURCE: Core Management Corporation Copyright Business Wire 2025. PUB: 07/07/2025 02:21 AM/DISC: 07/07/2025 02:21 AM
Forbes
11-06-2025
- Business
- Forbes
Buy Or Fear Oil-Dri Of America Stock
Oil-Dri of America (NYSE:ODC) stock appears appealing – making it a wise choice for purchase at its present price of approximately $55. We have identified some minor issues with ODC stock, which makes it enticing given that its current valuation seems low. Our conclusion is drawn from comparing the current valuation of ODC stock to its operational performance in recent years, as well as its current and historical financial state. Our analysis of Oil-Dri of America across key parameters of Growth, Profitability, Financial Stability, and Downturn Resilience indicates that the company exhibits a robust operating performance and financial status, as clarified below. However, for those investors who prefer lower volatility than individual stocks, the Trefis High Quality Portfolio offers an alternative – having outperformed the S&P 500 and yielded returns surpassing 91% since its inception. In terms of what you pay for each dollar of sales or profit, ODC stock appears somewhat inexpensive when compared to the wider market. • Oil-Dri of America has a price-to-sales (P/S) ratio of 1.5 compared to a figure of 3.0 for the S&P 500 • Additionally, the company's price-to-free cash flow (P/FCF) ratio stands at 9.5 in contrast to 20.5 for the S&P 500 • Furthermore, it holds a price-to-earnings (P/E) ratio of 15.5 compared to the benchmark's 26.4 Oil-Dri of America's Revenues have experienced significant growth in recent years. • Oil-Dri of America has witnessed its top line increase at an average rate of 12.9% over the past 3 years (versus an increase of 5.5% for the S&P 500) • Its revenues have risen 8.2% from $430 million to $465 million in the last 12 months (compared to growth of 5.5% for the S&P 500) • Additionally, its quarterly revenues increased 10.6% to $117 million in the latest quarter from $106 million a year prior (versus a 4.8% rise for the S&P 500) Oil-Dri of America's profit margins are less favorable than those of most companies in the Trefis coverage universe. • Oil-Dri of America's Operating Income over the previous four quarters totaled $62 million, reflecting a moderate Operating Margin of 13.3% (versus 13.2% for the S&P 500) • Oil-Dri of America's Operating Cash Flow (OCF) during this period was $75 million, indicating a moderate OCF Margin of 16.1% (compared to 14.9% for the S&P 500) • For the last four-quarter period, Oil-Dri of America's Net Income was $46 million – suggesting a poor Net Income Margin of 9.8% (relative to 11.6% for the S&P 500) Oil-Dri of America's balance sheet appears solid. • Oil-Dri of America's Debt was reported at $58 million at the conclusion of the most recent quarter, with its market capitalization standing at $762 million (as of 6/6/2025). This creates a strong Debt-to-Equity Ratio of 8.3% (in contrast to 19.9% for the S&P 500). [Note: A low Debt-to-Equity Ratio is preferable] • Cash (along with cash equivalents) comprises $23 million of the $354 million in Total Assets for Oil-Dri of America. This leads to a moderate Cash-to-Assets Ratio of 6.4% (compared to 13.8% for the S&P 500) ODC stock has experienced a slightly better impact than the benchmark S&P 500 index during certain recent downturns. While investors remain optimistic about a soft landing for the U.S. economy, what might the consequences be if another recession occurs? Our dashboard How Low Can Stocks Go During A Market Crash illustrates how key stocks performed during and after the last six market crashes. • ODC stock dropped 41.5% from a peak of $19.23 on 11 March 2021 to $11.24 on 11 October 2022, compared to a peak-to-trough decline of 25.4% for the S&P 500 • The stock completely recovered to its pre-Crisis peak by 9 March 2023 • Since then, the stock has risen to a high of $54.82 on 8 June 2025 • ODC stock decreased 24.6% from a high of $19.19 on 16 January 2020 to $14.46 on 16 March 2020, compared to a peak-to-trough decline of 33.9% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 11 March 2021 • ODC stock declined 49.4% from a high of $11.47 on 10 December 2007 to $5.81 on 10 October 2008, in contrast to a peak-to-trough decline of 56.8% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 17 June 2010 In conclusion, Oil-Dri of America's performance across the parameters outlined above is as follows: • Growth: Very Strong • Profitability: Weak • Financial Stability: Strong • Downturn Resilience: Neutral • Overall: Neutral When considered alongside its low valuation, this renders the stock appealing, supporting our assessment that ODC represents a wise stock to purchase. Although ODC stock appears promising, investing in a single stock bears its risks. Conversely, the Trefis High Quality (HQ) Portfolio, which consists of 30 stocks, has a proven track record of comfortably outperforming the S&P 500 over the past 4 years. What accounts for this? As a collective, HQ Portfolio stocks have delivered superior returns with reduced risk compared to the benchmark index; providing a smoother experience as demonstrated in HQ Portfolio performance metrics.
Yahoo
05-06-2025
- Business
- Yahoo
Oil-Dri: Fiscal Q3 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Oil-Dri Corp. of America (ODC) on Thursday reported earnings of $11.6 million in its fiscal third quarter. The Chicago-based company said it had profit of 80 cents per share. The maker of products for soil in the agriculture, horticulture and sports sectors posted revenue of $115.5 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ODC at Sign in to access your portfolio
