Apr. 8 at 11:24 AM
$WDFC
WD-40 Company 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.
