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# Oil-Dri CFO Says Reinvestment Could Run 'Higher Than You've Seen' As Borrowing Capacity Rises To $375 Million
- URL: https://www.bullished.co/oil-dri-cfo-says-reinvestment-could-run-higher-than-youve-seen-as-borrowing-capacity-rises-ec2fa950/
- Published: 2026-10-09T16:11:05.000Z
- Updated: 2026-10-09T16:11:05.000Z
- Description: Susan Kreh told investors the company is pushing for bigger internal investment after lifting two credit facilities.
- Author: Matteo Parrino
- Tags: Earnings, ODC, Industry: Not classified

[Oil-Dri](https://www.bullished.co/tag/odc/)'s chief financial officer said on the company's fourth-quarter earnings call that [bigger reinvestment in the business](https://wtop.com/national/2026/10/oil-dri-fiscal-q4-earnings-snapshot/?ref=bullished.co) is possible, and that the company has raised its total borrowing capacity under two facilities from $200 million to $375 million. CFO Susan Kreh was answering an analyst's question about acquisitions, leverage and capital spending.

Kreh listed capital priorities as unchanged: investment first, then the dividend, then acquisitions, then opportunistic buybacks. Spending above fiscal 2026's $34 million would show whether "higher than you've seen" is a plan.

### Sources

- [Oil-Dri: Fiscal Q4 Earnings Snapshot – WTOP News](https://wtop.com/national/2026/10/oil-dri-fiscal-q4-earnings-snapshot/?ref=bullished.co) — wtop.com
- [Oil-Dri’s Board of Directors Appoints Anthony W. Parker as](https://www.globenewswire.com/news-release/2026/10/07/3376841/0/en/oil-dri-s-board-of-directors-appoints-anthony-w-parker-as-an-executive-officer-and-declares-quarterly-dividends.html?ref=bullished.co) — globenewswire.com

### More on Oil-Dri

- [Oil-Dri's New Bank Amendment Bars Dividends And Buybacks During A Default, 10-K Shows](https://www.bullished.co/oil-dris-new-bank-amendment-lets-lenders-restrict-dividends-and-buybacks-10-k-shows-33519ce4/)
- [Oil-Dri Posts Record $493.8 Million Sales And $57.0 Million Profit, Even As Gross Margin Slips To 27.8%](https://www.bullished.co/oil-dri-posts-record-493-8-million-sales-and-57-0-million-profit-even-as-gross-margin-d7be82cc/)

[All Oil-Dri (ODC) coverage →](https://www.bullished.co/tag/odc/)