WD-40 reports Q2 adjusted EPS $1.32 vs. $1.14 last year

Reports Q2 revenue $146.1M vs. $139.11M last year. “We delivered another strong quarter with net sales growth driven by robust performance in both the Americas and EIMEA regions,” said Steve Brass, WD-40 (WDFC) Company’s president and chief executive officer. “Our core maintenance product sales grew by 6 percent in the second quarter, aligning with our established long-term growth objectives. We’re particularly pleased with the volume performance in our business, with double-digit volume growth both in the second quarter and year to date, led by EIMEA. Additionally, we continue to expand our gross margin, which improved 220 basis points over the prior year. While we experienced slower growth in our Asia-Pacific segment, we’ve begun to see recovery in March and expect a strong second half as we advance through fiscal year 2025.”