WD-40 reports Q4 EPS $1.56 vs. $1.23 last year

Reports Q4 revenue $1635M vs. $156.0M last year. “We delivered solid results in fiscal 2025, with currency adjusted pro forma net sales of $603 million-an increase of 6 percent over last year and in line with our expectations,” said Steve Brass, CEO. “Maintenance product sales rose 6 percent in both the fourth quarter and the full fiscal year, reinforcing our confidence in our long-term growth targets. We continue to see a meaningful runway ahead, with a benchmarked sales growth opportunity of approximately $1.4 billion for our flagship WD-40 (WDFC) Multi-Use Product-highlighting the significant growth potential that remains untapped. I’m also pleased to report that our gross margin continues to strengthen and has now exceeded our target of 55 percent. For the full fiscal year, we delivered a gross margin of 55.1 percent, or 55.6 percent when excluding the financial impact of assets held for sale. In the fourth quarter, gross margin reached 54.7 percent-a 730-basis-point improvement compared to the same period in fiscal year 2021, when our long-term margin recovery plan began to take hold. Our capital-light, efficient business model continues to generate strong cash flow, enabling us to invest in brand growth, develop future leaders, and return capital to stockholders. Looking ahead, we plan to accelerate our share repurchase activity and fully utilize our remaining authorization-reflecting our strong conviction in the long-term fundamentals of the business and our confidence in the enduring value of our stock.”