secwatch.observer — SEC 8-K summary
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Issuer:     WD 40 CO (WDFC)
CIK:        0000105132
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0000105132-23-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WD-40 Q2 net income down 15% to $16.5M; diluted EPS $1.21 vs $1.41; updates FY23 guidance
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- Net sales $130.2M flat YoY; constant currency $135.7M; Americas +15%, EMEA -13%, Asia-Pac -4%.
- Diluted EPS $1.21 vs $1.41; net income $16.5M down 15%; gross margin 50.8% vs 50.4%.
- FY23 guidance: net sales $535-560M, diluted EPS $4.80-$5.00, gross margin 51-52%.
- Quarterly dividend $0.83/share declared, payable April 28 to holders of record April 14.
- Management expects strong H2; March 2023 likely a record sales month (preliminary).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105132/000010513223000013/0000105132-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105132/000010513223000013/wdfc-20230406x8k.htm
  HTML page:      https://secwatch.observer/filing/0000105132-23-000013

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