Wd 40 Co Stock Price, News & Analysis

WD-40 Company (NASDAQ:WDFC) reported strong Q2 2025 financial results with total net sales reaching $146.1 million, a 5% increase year-over-year. The company's maintenance product sales grew 6% to $139.3 million, while gross margin improved to 54.6% from 52.4%.

Operating income increased 11% to $23.3 million, and net income surged 92% to $29.9 million, boosted by a one-time tax benefit of $11.9 million. Diluted EPS reached $2.19, up from $1.14 in the prior year. Excluding the tax benefit, adjusted EPS was $1.32, representing a 16% increase.

Regional performance showed mixed results with Americas up 3%, EIMEA growing 10%, while Asia-Pacific declined 1%. The company has revised its FY2025 guidance upward, now projecting net sales between $600-630 million and diluted EPS between $5.25-$5.55.

WD-40 Company (NASDAQ:WDFC) has announced two key updates: First, its board of directors has declared a quarterly dividend of $0.94 per share, which will be payable on April 30, 2025, to stockholders of record as of April 18, 2025. Second, the company has scheduled its second quarter 2025 earnings conference call for April 8, 2025, at 5:00 a.m. PDT.

The earnings conference call will cover financial results, business developments, and other company matters. The quarterly earnings press release will be issued at approximately 4:00 a.m. PDT on April 8, 2025. A live webcast of the call will be available on the company's investor relations website, where it will remain archived for one year.

WD-40 Company (WDFC) reported strong Q1 2025 financial results, with total net sales reaching $153.5 million, up 9% year-over-year. The company's core maintenance product sales grew 10% to $145.5 million, while gross margin improved to 54.8% from 53.8% in the prior year.

Operating income increased 4% to $25.1 million, and net income rose 8% to $18.9 million. Diluted earnings per share grew 9% to $1.39. The Americas segment saw 8% growth, EIMEA segment grew 18%, while Asia-Pacific decreased 4%. The company reiterated its FY2025 guidance, projecting net sales growth between 6-11% ($600-630 million) and diluted EPS of $5.20-$5.45.

The company plans to divest its homecare and cleaning portfolios in the Americas and EIMEA segments, which contributed $5.6 million in net sales during Q1.

WD-40 Company (NASDAQ: WDFC) has announced a rescheduling of its Q1 FY25 earnings conference call. The call has been moved from January 9, 2025, to January 10, 2025, at 2:00 PM PST due to stock market closure on the original date.

The company will release its quarterly earnings press release after market close on January 10, 2025. Investors can access the live webcast of the earnings call on the company's investor relations website, where it will remain archived for one year.

WD-40 Company (NASDAQ:WDFC) has announced significant changes to its board of directors. Eric P. Etchart has been appointed as the new non-executive chairman of the board, succeeding Gregory A. Sandfort who retired following the 2024 Annual Meeting of Stockholders. Etchart, who joined the board in 2016, brings extensive international experience from his previous role as senior vice president at The Manitowoc Company. He will continue serving on the Corporate Governance and Finance Committees.

Etchart's appointment aligns with WD-40's focus on geographic expansion of their signature product. The board currently consists of 10 directors.

WD-40 Company (NASDAQ:WDFC) has announced two key developments: First, the board of directors has declared a quarterly dividend increase of 7 percent to $0.94 per share, payable on January 31, 2025, to stockholders of record as of January 17, 2025. Second, the company has scheduled its first quarter 2025 earnings conference call for January 9, 2025, at 2:00 p.m. PST, where management will discuss financial results and business developments.

WD-40 Company (NASDAQ:WDFC) has announced its 2024 annual meeting of stockholders, scheduled for Thursday, December 12, 2024, at 10:00 a.m. PST. The meeting will be held in a virtual format, with no physical location, to ensure broader stockholder accessibility. During the meeting, management will present a strategic overview alongside regular meeting matters.

WD-40 Company (NASDAQ:WDFC) reported its fourth quarter and fiscal year 2024 financial results, showcasing significant growth. Fourth Quarter Highlights: Total net sales rose 11% to $156.0 million, maintenance product sales increased 12% to $147.5 million, and gross margin improved to 54.1%. However, selling, general, and administrative expenses surged 27% to $49.1 million. Net income saw a modest 1% increase to $16.8 million, with diluted earnings per share at $1.23.

Fiscal Year 2024 Highlights: Net sales climbed 10% to $590.6 million, with a gross margin of 53.4%. Net income increased 6% to $69.6 million, and diluted earnings per share reached $5.11. The company plans to divest its homecare and cleaning products portfolio to focus on higher-growth maintenance products.

Fiscal Year 2025 Guidance: WD-40 projects net sales growth between 6% and 11%, gross margin between 54% and 55%, and diluted earnings per share between $5.20 and $5.45.

WD-40 Company (NASDAQ:WDFC) has announced a quarterly dividend declaration by its board of directors. The dividend, set at $0.88 per share, was declared on October 4, 2024. It will be payable on October 31, 2024 to stockholders of record at the close of business on October 18, 2024. This regular quarterly dividend demonstrates WD-40 Company's commitment to returning value to its shareholders.