Aug 31, 2020

WD-40 Q4 2020 Earnings Report

WD-40 Company reported a 5 percent increase in consolidated net sales for the fourth quarter, driven by renovation trends and strong digital presence.

Key Takeaways

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.

Total net sales for the fourth quarter were $111.6 million, a 5% increase year-over-year.

Net income for the fourth quarter was $19.7 million, a 129% increase year-over-year.

Diluted earnings per share were $1.42 in the fourth quarter, compared to $0.63 per share for the prior year fiscal quarter.

Gross margin was 56.3 percent in the fourth quarter compared to 54.6 percent in the prior year fiscal quarter.

Total Revenue
$112M
Previous year: $107M
+4.6%
EPS
$1.42
Previous year: $0.63
+125.4%
Gross Profit
$62.8M
Previous year: $58.3M
+7.8%
Cash and Equivalents
$56.5M
Previous year: $27.2M
+107.3%
Free Cash Flow
$30M
Previous year: $22M
+36.4%
Total Assets
$363M
Previous year: $303M
+19.8%

WD-40

WD-40

WD-40 Revenue by Segment

WD-40 Revenue by Geographic Location

Revenue & Expenses

Visualization of income flow from segment revenue to net income