WD 40 CO

For the period ended May 31, 2024. Filed Jul 10, 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.

May 31, 2024 · Filed Jul 10, 2024

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

(Unaudited and in thousands, except per share amounts)

	Three Months Ended May 31,		Nine Months Ended May 31,
	2024	2023	2024	2023
Net sales	$155,045	$141,717	$434,566	$396,803
Cost of products sold	72,657	69,955	203,684	194,708
Gross profit	82,388	71,762	230,882	202,095
Operating expenses:
Selling, general and administrative	45,564	38,195	134,722	115,869
Advertising and sales promotion	9,345	7,660	23,053	18,984
Amortization of definite-lived intangible assets	303	250	806	753
Total operating expenses	55,212	46,105	158,581	135,606
Income from operations	27,176	25,657	72,301	66,489
Other income (expense):
Interest income	136	69	276	164
Interest expense	(1,182)	(1,597)	(3,336)	(4,268)
Other (expense) income, net	(283)	243	(516)	558
Income before income taxes	25,847	24,372	68,725	62,943
Provision for income taxes	6,005	5,477	15,865	13,525
Net income	$19,842	$18,895	$52,860	$49,418
Earnings per common share:
Basic	$1.46	$1.39	$3.89	$3.62
Diluted	$1.46	$1.38	$3.88	$3.62
Shares used in per share calculations:
Basic	13,552	13,573	13,556	13,582
Diluted	13,577	13,600	13,581	13,606

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.