WD-40 Q3 Sales Up 1%, Raises FY25 Guidance

WD-40 Company reported a 1% increase in total net sales to $156.9 million in Q3 2025, with maintenance product sales rising 2%. Operating income rose 1% to $27.4 million and net income increased 6% to $21.0 million. The company updated its FY25 guidance, projecting net sales between $600-620 million and EPS between $5.30-$5.60.

WD-40 Company (WDFC) reported a 1% increase in total net sales to $156.9 million in Q3 2025, according to data from LSEG. Maintenance product sales rose 2%, driven by growth in the U.S. and Asia-Pacific regions [1]. Operating income increased 1% to $27.4 million, while net income rose 6% to $21.0 million. The company also updated its FY25 guidance, projecting net sales between $600-620 million and EPS between $5.30-$5.60 [2].

Key highlights of the Q3 2025 results include:

- Net Sales: $156.9 million, a 1% increase year-over-year.
- Maintenance Product Sales: $150.4 million, a 2% increase year-over-year.
- Gross Margin: 56.2%, up from 53.1% last year.
- Operating Income: $27.4 million, a 1% increase year-over-year.
- Net Income: $21.0 million, a 6% increase year-over-year.
- EPS: $1.54, up from $1.42 last year.

The company's guidance for FY25 includes:

- Net Sales: Projected growth between 6% and 9%, with net sales between $600 million and $620 million.
- Gross Margin: Expected to be between 55% and 56%.
- Operating Income: Increased to between $96 million and $101 million.
- EPS: Expected to be between $5.30 and $5.60.

Analysts generally maintain a positive outlook on WDFC, with an average analyst rating of "buy" and a median 12-month price target of $296.00 [1]. The company's stock recently traded at 39 times the next 12-month earnings, compared to a P/E of 42 three months ago.

References:
[1] Reuters. (2025). WD-40 Co. (WDFC) Q3 2025 Earnings Release. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_PLX0BAF51:0-wd-40-q3-sales-rise-marginally-forecasts-fy-2025-sales-of-600-mln-620-mln/
[2] Yahoo Finance. (2025). WD-40 Co. (WDFC) Q3 2025 Earnings Call Transcript. Retrieved from https://finance.yahoo.com/news/wd-40-co-wdfc-q3-070313803.html