Shares of WD-40 Company (NASDAQ: WDFC) plummeted 5.11% in intraday trading on Tuesday following the release of its fiscal second-quarter 2025 earnings report. The company, known for its signature lubricant and cleaning products, delivered mixed results that left investors concerned about its top-line growth.
WD-40 reported quarterly revenue of $146.10 million, marking a 5% increase from the same period last year. However, this figure fell short of analyst expectations, which were set at $154.41 million. The revenue miss overshadowed the company's earnings beat, with adjusted earnings per share coming in at $1.32, surpassing the consensus estimate of $1.27.
Despite the disappointing revenue figures, WD-40's management expressed optimism about the company's future performance. The company raised its full-year earnings guidance, now expecting diluted earnings per share between $5.25 and $5.55, up from its previous forecast. This upward revision in earnings outlook, however, was not enough to offset investor concerns about the revenue shortfall.
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