earnings
confidence high
sentiment neutral
materiality 0.75
WD-40 Q4 diluted EPS $1.08, up 77% YoY; FY2022 sales $518.8M, +6%
WD 40 CO
2022-FY EPS reported
$4.90
revenue$518,820,000
- Q4 net sales $130.4M (+13% YoY); net income $14.8M (+77%); diluted EPS $1.08 vs $0.61.
- Full-year net sales $518.8M (+6%); net income $67.3M (-4%); diluted EPS $4.90 vs $5.09.
- Gross margin compressed: Q4 47.4% vs 51.2%; FY 49.1% vs 54.0% due to inflation.
- Americas segment sales up 25% in Q4; EMEA down 3% but up 10% constant currency; Asia-Pacific up 18%.
- FY2023 guidance: net sales $545-570M (5-10% growth); gross margin 51-53%; diluted EPS $5.09-$5.24.