WD-40 Company Reports First Quarter 2025 Financial Results
1. WD-40's Q1 sales rose 9% to $153.5 million. 2. Maintenance product sales increased 10%, primarily driven by the WD-40 Multi-Use Product. 3. Gross margin improved to 54.8%, reflecting operational efficiencies. 4. SG&A expenses rose 14% to $50.5 million; advertising expenses increased 20%. 5. Fiscal year 2025 guidance projects 6-11% net sales growth.