WD-40 Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

WD-40 (NASDAQ:WDFC) Full Year 2024 Results

Key Financial Results

• Revenue: US$590.6m (up 9.9% from FY 2023).
• Net income: US$69.6m (up 6.0% from FY 2023).
• Profit margin: 12% (in line with FY 2023).
• EPS: US$5.14 (up from US$4.84 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

WD-40 Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 2.2%.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Household Products industry in the US.

Performance of the American Household Products industry.

The company's shares are down 3.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of WD-40's balance sheet and an in-depth analysis of the company's financial position.

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