WD-40 Company provided FY 2024 earnings guidance of $5.00-$5.30 EPS and $570-$600m revenue, lower than consensus estimates.
WD-40 Company released FY 2024 earnings guidance with EPS of $5.00-$5.30 and revenue of $570-$600m, lower than consensus estimates. Q3 results showed a 9.37% sales increase to $155m, a 10% rise in total maintenance product sales, and a 14.96% earnings beat at $1.46 per share. The company reaffirmed 2024 net sales growth guidance of 6-12% and EPS of $5-5.30. Shares increased by 8.76% to $239 in after-hours trading.
July 10, 2024
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