earnings
confidence high
sentiment neutral
materiality 0.80
WD-40 Q2 sales up 16% to $130M, EPS $1.41; gross margin falls to 50.4%
WD 40 CO
2022-Q2 EPS reported
$2.75
revenue$264,732,000
- Net sales $130.0M (+16% YoY); diluted EPS $1.41 vs $1.24; net income $19.5M (+13%).
- Gross margin 50.4% vs 55.4% a year ago; inflation pressure continues.
- Americas +18%, EMEA +9%, Asia-Pacific +34%; maintenance product sales +19%.
- FY2022 guidance: net sales $522M-$547M (7-12% growth); diluted EPS $5.14-$5.27.
- Quarterly dividend $0.78/share declared; share repurchase plan $75M authorized.