WD-40 Company Reiterates FY25 Guidance For Net Sales At $600M-$630M, 6%-11% Growth Vs $627.1M, Raised Outlook For EPS To $5.25-$5.55 (From $5.20-$5.45) Vs $5.42 Est.

Revised Fiscal Year 2025 Guidance

The Company revised the following fiscal year guidance. This guidance is on a pro forma basis, excluding the full fiscal year financial impact of certain of the homecare and cleaning products classified as assets held for sale and the impact of the uncertain tax position benefit.

• Net sales growth from the pro-forma 2024 results continues to be projected to be between 6 and 11 percent with net sales between $600 million and $630 million after adjusting for estimated translation impacts of foreign currency.
• Gross margin for the full year has been increased and is now expected to be between 55 and 56 percent.
• Advertising and promotion investments continue to be projected to be around 6 percent of net sales.
• Operating income continues to be projected to be between $95 million and $100 million. This range reflects anticipated growth of between 6 to 12 percent compared to 2024 pro forma results.
• The provision for income tax has been reduced and is expected to be around 22.5 percent.
• Diluted earnings per share have been increased and are now expected to be between $5.25 and $5.55 based on an estimated 13.5 million weighted average shares outstanding. This new range reflects anticipated growth of between 11 to 17 percent compared to 2024 pro forma results.