WD-40 Logs Higher 3Q Profit

Dow Jones
2025/07/11
 

By Kelly Cloonan

 

WD-40 logged higher profit in its fiscal third quarter as a rise in maintenance product sales helped offset currency headwinds.

The household-products company on Thursday posted a profit of $21 million, or $1.54 a share, compared to $19.8 million, or $1.46 a share, in the same period a year earlier.

Sales rose 1% to $156.9 million.

The San Diego company said unfavorable currency translation from its foreign subsidiaries added a $1.6 million drag to its top line.

Core maintenance product revenue rose 1% year-over-year. Sales rose 4% in the company's Americas segment, 7% in Asia-Pacific, and declined 5% in Europe, India, the Middle East and Africa.

For the fiscal year, WD-40 now expects earnings of $5.30 to $5.60, up from its prior projection for $5.25 to $5.55 a share.

The company expects sales of $600 million to $620 million for the year, lowering the top end of its prior range of $600 million to $630 million.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

 

Core maintenance product revenue rose 2% year-over-year. "WD-40 Logs Higher 3Q Profit," at 4:44 p.m. ET, incorrectly said it rose 1% year-over-year.

 

(END) Dow Jones Newswires

July 10, 2025 18:57 ET (22:57 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10