WD-40 Company: Expansion in High-Potential International Markets Propelling Our Optimism!

WD-40 Company reported solid financial results for its first fiscal quarter of 2025, indicating growth and strategic shifts in priority areas. Net sales for the quarter were $153.5 million, a 9% increase from the same quarter last year, driven largely by maintenance products, which saw a 10% rise. This growth in core products underscores the company’s strategic focus on expanding its footprint in the maintenance market. The gross margin improved by 100 basis points year-over-year, reaching 54.8%, primarily due to favorable sales mix and reduced costs in specialty chemicals. However, higher warehousing and freight costs partially offset these gains.