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.
Total net sales reached $146.1 million, up 5% from the previous year.
Net income rose to $29.9 million due to both operational performance and a one-time tax benefit.
Adjusted EPS increased to $1.32 from $1.14 last year.
Gross margin improved to 54.6% from 52.4% in Q2 2024.
WD-40 raised its full-year guidance with improved EPS and margin expectations, while remaining cautious about global uncertainties.
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