WD-40 Company Reports Net Income of $16.5 Million for the Second Quarter of Fiscal Year 2023

WD-40 Company, (WDFC) a global consumer pr oducts company known for its popular lubricants and cleaning solutions, has announced its financial results for the second quarter of fiscal year 2023. The company reported a net income of $16.5 million and generated $130.2 million in revenue during the quarter. These results demonstrate steady performance for WD-40 Company in a competitive market.

Financial Highlights

WD-40 Company achieved solid financial results in the second quarter of fiscal year 2023. The company reported a net income of $16.5 million, reflecting a decrease compared to the same period last year when the net income stood at $19.5 million. Despite the decline, the company remained profitable and maintained a strong position in the market.

Revenue Performance