WD-40 Co. (WDFC) Misses Q1 EPS by 7c, Reiterates Fiscal Year 2023 Guidance

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Go back to WD-40 Co. (WDFC) Misses Q1 EPS by 7c, Reiterates Fiscal Year 2023 Guidance

WD-40 Company Reports First Quarter 2023 Financial Results

January 9, 2023 4:05 PM EST

~ Gross margin improves 400 basis points sequentially compared to fourth fiscal quarter ~

~ Management reiterates fiscal year 2023 guidance ~

SAN DIEGO--(BUSINESS WIRE)-- WD-40 Company (NASDAQ: WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today reported financial results for its first fiscal quarter ended November 30, 2022.

Financial Highlights and Summary

Total net sales for the first quarter were $124.9 million, a decrease of 7... More