WD 40 CO

For the period ended Feb 29, 2024. Filed Apr 9, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Feb 29, 2024 · Filed Apr 9, 2024

WDFC$225.18+0.7%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(Unaudited and in thousands, except per share amounts)

	Three Months Ended February 29/28,		Six Months Ended February 29/28,
	2024	2023	2024	2023
Net sales	$139,105	$130,193	$279,521	$255,086
Cost of products sold	66,164	64,115	131,027	124,753
Gross profit	72,941	66,078	148,494	130,333
Operating expenses:
Selling, general and administrative	45,023	37,690	89,158	77,674
Advertising and sales promotion	6,725	5,985	13,708	11,324
Amortization of definite-lived intangible assets	252	250	503	503
Total operating expenses	52,000	43,925	103,369	89,501
Income from operations	20,941	22,153	45,125	40,832
Other income (expense):
Interest income	66	51	140	95
Interest expense	(1,008)	(1,502)	(2,154)	(2,671)
Other (expense) income, net	(193)	165	(233)	315
Income before income taxes	19,806	20,867	42,878	38,571
Provision for income taxes	4,270	4,341	9,860	8,048
Net income	$15,536	$16,526	$33,018	$30,523
Earnings per common share:
Basic	$1.14	$1.21	$2.43	$2.24
Diluted	$1.14	$1.21	$2.42	$2.23
Shares used in per share calculations:
Basic	13,558	13,583	13,559	13,586
Diluted	13,583	13,608	13,583	13,608

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.