WD-40 Earnings Reports

WD-40 delivered a strong second quarter with increased revenue, improved gross margin, and a notable tax-related income boost. Core maintenance products drove growth, especially in the Americas and EIMEA regions.

WD-40 Company reported a 9% increase in net sales for the first quarter of fiscal year 2025, reaching $153.5 million. The company's gross margin improved to 54.8%, and diluted earnings per share increased by 9% to $1.39. Management reiterated its fiscal year 2025 guidance.

WD-40 Company reported an 11% increase in net sales to $156.0 million for the fourth quarter. Diluted earnings per share were $1.23, compared to $1.21 in the prior year fiscal quarter. The company's gross margin increased to 54.1 percent, while net income rose to $16.8 million.

WD-40 Company reported a 9% increase in net sales, reaching $155.0 million, driven by strong volume growth across all trade blocs. Diluted earnings per share increased to $1.46, and the company reiterated its fiscal year 2024 guidance.

WD-40 Company reported a 7% increase in global net sales for the second quarter, with growth across all trade blocs. Gross margin improved by 160 basis points. The company is raising its full-year 2024 net income and diluted earnings per share guidance.

WD-40 Company reported a 12% increase in net sales to $140.4 million for the first quarter of fiscal year 2024. Net income increased by 25% to $17.5 million, with diluted earnings per share at $1.28. The company reiterated its fiscal year 2024 guidance.

WD-40 Company reported financial results for the fourth quarter and fiscal year ended August 31, 2023. Total net sales for the fourth quarter were $140.5 million, an increase of 8 percent compared to the prior year fiscal quarter. Net income for the fourth quarter was $16.6 million, an increase of 12 percent compared to the prior year fiscal quarter. Diluted earnings per share were $1.21 in the fourth quarter compared to $1.08 in the prior year fiscal quarter.

WD-40 Company reported a strong third quarter with a 15% increase in net sales, reaching $141.7 million. Net income also saw a significant rise of 30%, amounting to $18.9 million, and diluted earnings per share increased to $1.38. The company reiterated its full-year guidance but anticipates results at the lower end of the range due to a volatile environment.

WD-40 Company reported relatively constant net sales of $130.2 million compared to the prior year, with net income decreasing by 15% to $16.5 million and diluted earnings per share at $1.21. The company's gross margin percentage increased slightly to 50.8% from 50.4% in the prior year.

WD-40 Company reported a decrease in net sales by 7% to $124.9 million, and a decrease in net income by 25% to $14.0 million, with diluted earnings per share at $1.02. Gross margin percentage increased to 51.4 percent. The company reiterated its fiscal year 2023 guidance.

WD-40 Company reported a 13% increase in net sales for the fourth quarter, reaching $130.4 million. Net income increased by 77% to $14.8 million, with diluted earnings per share at $1.08. The company's performance was driven by growth in maintenance products, particularly WD-40 Multi-Use Product and WD-40 Specialist.

WD-40 Company reported a decrease in net sales, net income, and diluted earnings per share for the third quarter of fiscal year 2022, impacted by global disruptions and a challenging macroeconomic environment.

WD-40 Company reported a strong second quarter with a 16% increase in net sales compared to the prior year fiscal quarter. Diluted earnings per share were $1.41, up from $1.24 in the prior year. The company is facing a challenging inflationary environment, which has deteriorated gross margin.

WD-40 Company reported an 8% increase in total net sales, reaching $134.7 million, but experienced a 21% decrease in net income, which fell to $18.6 million, with diluted earnings per share at $1.34, compared to $1.72 in the prior year fiscal quarter.

WD-40 Company reported fourth quarter net sales of $115.2 million, a 3% increase compared to the prior year fiscal quarter. Net income for the fourth quarter was $8.4 million, a 57% decrease compared to the prior year fiscal quarter. Diluted earnings per share were $0.61 in the fourth quarter, compared to $1.42 per share for the prior year fiscal quarter.

WD-40 Company reported strong third-quarter results, with record net sales of $136.4 million, a 39% increase compared to the prior year fiscal quarter. Diluted earnings per share were $1.52, up from $1.06 in the prior year fiscal quarter. The company raised its full-year revenue expectations to a range of $475 million to $490 million.

WD-40 Company reported a 12% increase in net sales for the second quarter compared to the prior year, reaching $111.9 million. Diluted earnings per share were $1.24, up from $1.04 in the prior year fiscal quarter. Net income increased by 20% to $17.2 million.

WD-40 Company reported a strong start to fiscal year 2021, with a 26% increase in net sales compared to the prior year fiscal quarter, driven primarily by increased demand for maintenance and cleaning products due to renovation trends associated with the pandemic. Diluted earnings per share increased to $1.72, and net income rose by 94% compared to the same quarter last year.

WD-40 Company reported a 5% increase in net sales for Q4 2020 compared to the prior year fiscal quarter, reaching $111.6 million. Net income increased by 129% to $19.7 million, and diluted earnings per share were $1.42, compared to $0.63 per share for the prior year fiscal quarter.

WD-40 Company's Q3 2020 results were impacted by the COVID-19 pandemic, leading to a 14% decrease in net sales and a 20% decrease in net income compared to the prior year. Diluted EPS decreased to $1.06 from $1.30 in the prior year fiscal quarter. Despite these challenges, the company adapted to the situation and maintained its performance.

WD-40 Company's second-quarter net sales decreased by 1% to $100.0 million, primarily due to a 31% decline in sales within the Asia-Pacific segment. Net income also decreased by 10% to $14.3 million, with diluted earnings per share at $1.04. The company has withdrawn its fiscal year 2020 earnings guidance due to the uncertainty caused by the COVID-19 health crisis.

WD-40 Company reported a decrease in net sales by 3% to $98.6 million compared to the prior year fiscal quarter. Net income decreased by 8% to $12.2 million, and diluted earnings per share were $0.88 compared to $0.95 in the prior year fiscal quarter.