WDFC - WD-40 GAAP EPS of $1.38 beats by $0.16 revenue of $141.72M beats by $3.32M
2023-07-10 16:10:25 ET
- WD-40 press release ( NASDAQ: WDFC ): Q3 GAAP EPS of $1.38 beats by $0.16 .
- Revenue of $141.72M (+14.6% Y/Y) beats by $3.32M .
- Reiterated Fiscal Year 2023 Guidance: Net sales growth is projected to be between 3.5 and 7.5 percent with net sales expected to be between $535 million and $560 million.
- Gross margin for the full year is expected to be between 51 and 52 percent.
- Advertising and promotion investments are projected to be between 5.0 and 5.5 percent of net sales.
- The provision for income tax is expected to be around 21 percent.
- Net income is projected to be between $64.5 million and $68.5 million.
- Diluted earnings per share is expected to be between $4.80 and $5.00 based on an estimated 13.6 million weighted average shares outstanding.
- Shares +4.49% .
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WD-40 GAAP EPS of $1.38 beats by $0.16, revenue of $141.72M beats by $3.32M