WD-40 (WDFC) lifted its full-year earnings outlook as the maker of lubricants and cleaning products said it expects a "minimal" impact from US President Donald Trump's recently announced tariffs.

The company now expects earnings of $5.25 to $5.55 per share for fiscal 2025, up from its previous guidance of $5.20 to $5.45. WD-40 affirmed its net sales outlook of $600 million to $630 million. Two analysts polled by FactSet are looking for $627.1 million in revenue.

The upgraded outlook indicates further improvement from the previous year's EPS of $5.11 and sales of $590.6 million.

China's commerce ministry reportedly said on Tuesday that Beijing will "fight to the end" if the US imposes the additional 50% tariffs threatened by Trump. Last week, the White House announced duties on imports from several countries.

WD-40's supply chain optimization and cost savings will largely counter "any impact of tariffs for the remainder of this fiscal year," Chief Executive Steve Brass said on an earnings call Tuesday, according to a FactSet transcript. "Generally speaking, we expect any potential tariffs from what we know today to have a minimal global impact on our business, thanks to our highly diversified supply chain," Brass said.

The outlook excludes planned sales of the company's homecare and cleaning product portfolios in the Americas and UK.

Non-GAAP EPS for the quarter ended Feb. 28 came in at $1.32, up from $1.14 a year earlier. Net sales increased 5% year over year to $146.1 million.

"We delivered another strong quarter with net sales growth driven by robust performance in both the Americas and (Europe, India, the Middle East and Africa) regions," Brass said in a statement. "While we experienced slower growth in our Asia-Pacific segment, we've begun to see recovery in March and expect a strong second half as we advance through fiscal year 2025."

Revenue from maintenance products grew 6% to $139.3 million, while homecare and cleaning sales declined 14% to $6.8 million.