WD-40 Co

Latest Results (04.10.2025):

WD-40 Company reported its financial results for the third quarter of 2025, achieving a record high in net sales and significant improvements in gross margin. The company's performance was driven by growth in its core maintenance products, effective cost management, and positive earnings per share. Additionally, WD-40 Company has updated its fiscal year guidance, reflecting confidence in continued sales growth.

Total Net Sales

In the third quarter of 2025, WD-40 Company reported total net sales of $156.9 million, representing a 1% increase compared to the prior year fiscal quarter. This marks a new record high for the company's quarterly net sales.

Gross Margin Improvement

The company's gross margin rose to 56.2 percent in the third quarter, up from 53.1 percent in the same quarter last year. This improvement of 3.1 percentage points highlights WD-40 Company's effective cost management and pricing strategies.

Operating Income and Net Income

Operating income increased by 1 percent to $27.4 million, while net income saw a more substantial rise of 6 percent, reaching $21.0 million. Diluted earnings per share grew by 5 percent to $1.54, reflecting the company's strong financial performance.

Segment Performance

The Americas segment led the growth with a 4 percent increase in net sales, primarily driven by a 5 percent rise in WD-40® Multi-Use Product sales in the United States. Conversely, the EIMEA segment experienced a 5 percent decrease in net sales, while the Asia-Pacific segment saw a robust 7 percent increase.

Updated Fiscal Year Guidance

WD-40 Company has narrowed its net sales outlook for fiscal year 2025 to between $600 million and $620 million, reflecting an expected growth of 6 to 9 percent after adjusting for foreign currency impacts. The company also anticipates exceeding its long-term gross margin target of 55 percent ahead of schedule.