Backs FY25 revenue view $600M-$630M, consensus $622.95M. “Our first quarter results reflect strong execution and significant progress on our gross margin expansion initiatives,” said Sara Hyzer, WD-40 (WDFC) Company’s vice president, finance and chief financial officer. “We achieved gross margin of 54.8 percent, up 100 basis points from the prior year quarter, moving us significantly closer to our target of 55 percent. This improvement reflects favorable sales mix, and the benefit of various supply chain initiatives executed across the globe. As we look ahead, we remain confident in achieving our fiscal year 2025 guidance,” concluded Hyzer.
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