WD-40 shines with 5% sales boost, raises 2025 outlook

WD-40 Company (NASDAQ:WDFC) released its fiscal second-quarter earnings today, showcasing a solid financial performance driven by strong demand for its maintenance products.

The company reported net sales of $146.1 million, reflecting a 5% increase compared to the same period last year.

Maintenance products, a core segment of WD-40’s portfolio, led the charge with a 6% sales boost.

For the quarter, WD-40 posted a profit of $29.9 million, translating to a net income of $2.19 per share.

After adjusting for pretax gains, earnings came in at $1.32 per share, underscoring the company’s operational strength.

Looking ahead, WD-40 raised its full-year guidance, projecting a gross margin between 55% and 56%.

The company also boosted its adjusted earnings per share forecast to a range of $5.25 to $5.55, with anticipated revenue of $600 million to $630 million for fiscal 2025.