earnings
confidence high
sentiment positive
materiality 0.75
WD-40 Q3 sales up 9% to $155M; EPS $1.46 vs $1.38; reaffirms FY24 guidance
WD 40 CO
2024-Q3 EPS reported
$3.88
revenue$434,566,000
- Net sales $155.0M (+9% YoY); constant currency growth 8% to $153.5M.
- Diluted EPS $1.46 vs $1.38; net income $19.8M (+5%).
- Gross margin improved to 53.1% from 50.6%; management expects FY24 margin near upper end of 51.5-53% range.
- Dividend declared $0.88/share payable July 31, 2024; share repurchase plan active with $8.1M bought so far.
- FY24 guidance reaffirmed: net sales $570-600M constant currency; EPS $5.00-5.30.