WDFC - WD-40's Mixed Bag Of Q2: Revenue Miss Strategic Moves Raised EPS Outlook & More | Benzinga
WD-40 Company (NASDAQ:WDFC) reported second-quarter FY24 revenue of $139.1 million, missing the consensus of $140.5 million.
Revenue was up 7% Y/Y on growth across all trade blocs. By geographies, net sales in the Americas rose 1% Y/Y, led by growth of the WD-40 Multi-Use Product on increases in Latin America and the U.S.
Also, net sales in EIMEA rose 16% Y/Y, and Asia-Pacific grew 4% Y/Y in the quarter.
Gross margin stood at 52.4%, an improvement from 50.8% in the prior year fiscal quarter. EPS of $1.14 beat the ...