The earnings call highlighted strong sales growth and improved margins, driven by strategic expansions and product premiumization. However, challenges in Asia Pacific, increased operating expenses, and currency exchange impacts were noted. Despite these challenges, the company's positive performance metrics and strategic initiatives indicate a generally optimistic outlook.

Company Guidance

During the WD-40 Company's Q1 2025 earnings call, several metrics were highlighted to provide guidance on the company's performance and outlook. The company reported net sales of $153.5 million, marking a 9% increase from the previous year's first quarter. Sales of maintenance products, a core focus, rose by 10% to $145.5 million. The gross margin improved by 100 basis points to 54.8%, with an adjusted margin of 55.4% when excluding assets held for sale. Net income reached $18.9 million, an 8% increase over the prior year. In terms of regional performance, the Americas saw an 8% sales increase to $69.4 million, EIMEA experienced an 18% increase to $57.5 million, and Asia Pacific reported a 4% decline to $26.6 million. The company reiterated its full fiscal year 2025 guidance, projecting net sales growth between 6% and 11%, gross margins between 54% and 55%, and diluted EPS between $5.20 and $5.45. Management also discussed strategic focuses, including geographic expansion, product premiumization, and sustainability targets, aiming for a 55% gross margin by the end of fiscal year 2026 at the latest.

Strong Sales Growth

Net sales for the first quarter of 2025 were $153.5 million, an increase of 9% from the previous year. Maintenance products sales increased by 10%.

Improved Gross Margin

Gross margin improved to 54.8% in Q1 2025, a 100 basis point increase from the previous year, with further improvement expected.

Geographic and Product Expansion

Significant growth in key markets like EIMEA with 18% increase and Americas with 8% increase. Premium product formats grew 17%.

Positive Net Income and EPS Growth

Net income was $18.9 million, up 8% from the previous year. Diluted earnings per share increased by 9% to $1.39.

Sustainability Initiatives

The company has set targets to reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 10-20% by 2030.

---

WD-40 Company (WDFC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WDFC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 18, 2018	2018 (Q4)	- / 1.54	1.01	52.48% (+0.53)	―	―
Jan 09, 2019	2019 (Q1)	- / 0.95	0.9	5.56% (+0.05)	―	―
Apr 09, 2019	2019 (Q2)	- / 1.14	1.05	8.57% (+0.09)	―	―
Jul 09, 2019	2019 (Q3)	- / 1.30	1.15	13.04% (+0.15)	―	―
Oct 17, 2019	2019 (Q4)	- / 0.63	1.54	-59.09% (-0.91)	―	―
Jan 09, 2020	2020 (Q1)	- / 0.88	0.95	-7.37% (-0.07)	―	―
Apr 09, 2020	2020 (Q2)	- / 1.04	1.14	-8.77% (-0.10)	―	―
Jul 09, 2020	2020 (Q3)	- / 1.06	1.3	-18.46% (-0.24)	―	―
Oct 20, 2020	2020 (Q4)	- / 1.42	0.63	125.40% (+0.79)	―	―
Jan 07, 2021	2021 (Q1)	- / 1.72	0.88	95.45% (+0.84)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

WDFC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 10, 2025	$239.77	$225.75	-5.85%
Oct 17, 2024	$262.83	$250.23	-4.79%
Jul 10, 2024	$217.37	$226.15	+4.04%
Apr 09, 2024	$251.38	$229.77	-8.60%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---