WD-40 Company reported financial results for its first fiscal quarter ended November 30, 2025.
Total net sales increased by 1% to $154.4 million compared to the prior year fiscal quarter.
Gross margin improved to 56.2% and operating income decreased by 7% from the prior year fiscal quarter.
Maintenance Product Sales Growth
Maintenance product sales in direct markets increased by 8%, partially offset by softness in distributor markets.
Revenue Guidance Affirmation
Management reaffirms full-year guidance and expects results toward mid-to-high end of ranges.
Sales and Expenses
Selling, general, and administrative expenses increased by 10% while advertising and sales promotion expenses decreased by 2%.
- Net income decreased by 8% from the prior year fiscal quarter.
- Diluted earnings per share decreased by 8% to $1.28.
- WD-40 Specialist sales increased by 18% and e-commerce sales were up by 22%.
With strong sales growth in direct markets and reaffirmed guidance, WD-40 Company shows resilience despite challenges in distributor markets. The focus on revenue growth and improving margins positions the company for sustained success in the future.