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EXHIBIT 99.1 WD-40 Company Reports Fourth Quarter and Fiscal Year 2025 Financial Results ~ Full-year gross margin above 55%, achieving recovery a year ahead of expectations ~ ~ Management to deploy remaining buyback authorization, signaling strong confidence in long-term business fundamentals ~ SAN DIEGO — October 22, 2025 — WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factori ...

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SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Thursday, October 9, 2025 a quarterly dividend of $0.94 per share, payable October 31, 2025 to stockholders of record at the close of business on October 20, 2025. About WD-40 Company WD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories, and homes around the world. ...

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson announced today that it served as exclusive sell-side financial advisor to WD-40 Company (NASDAQ: WDFC) ("WD-40†or the "Company†), a global marketing organization and distributor of household and maintenance products, on the sale of its U.K. homecare and cleaning businesses to Supreme Imports Ltd (LON: SUP) ("Supreme†). WD-40 Company is a global marketing organization focused on the development and sale of multi-use maintenance and household produ. ...

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Q3 FY25 Financial Performance - Net sales increased by 1% to $156.9 million, but would have increased by 2% excluding currency impacts[12] - Gross margin improved by 310 basis points to 56.2%[12] - Net income increased by 6% to $21.0 million[12] - Diluted EPS increased by 5% to $1.54[12] Segment Performance - Americas segment sales increased by 4%, representing 50% of global net sales[14] - EIMEA segment sales decreased by 5%, representing 36% of global net sales[17] - Asia-Pacific segment sales increased by 7%, representing 14% of global net sales[21] Growth and Strategy - The company targets mid-to-high single-digit CAGR for total company maintenance product sales[30] - The company is focused on four must-win battles: lead geographic expansion, accelerate premiumization, drive WD-40 Specialist growth, and turbo-charge digital commerce[34] FY25 Guidance (Pro Forma) - Sales growth is narrowed to between 6% and 9% over 2024 pro forma results, with net sales between $600 million and $620 million[53] - Diluted EPS is increased to between $5.30 and $5.60[53]

Financial Data and Key Metrics Changes - The company reported third quarter net sales of $156.9 million, a 1% increase compared to the same period last year, marking a record sales quarter [7][8] - Adjusting for foreign currency translation, net sales would have been $158.6 million, reflecting a 2% increase year over year [8] - Gross margin improved to 56.2%, up from 53.1% last year, driven by higher average selling prices and lower specialty chemical costs [30][31] - Adjusted EBITDA margin was 20%, compared to 19% in the same period last year, with adjusted EBITDA of $30.7 million, up 3% from the prior quarter [36][37] - Operating income improved to $27.4 million, an increase of 1% over the prior period, and diluted earnings per share were $1.54, reflecting a 5% increase [38] Business Line Data and Key Metrics Changes - Maintenance products net sales reached $150.4 million, a 2% year-over-year increase, with year-to-date sales of $435.2 million representing a 6% increase [8][9] - Sales of WD-40 Multi Use Product increased 6% year to date, while WD-40 Specialist products were up 11% year to date [47] - Sales in The Americas increased 4% to $78.2 million, with maintenance products sales up 4% to $75 million [10][11] - EMEA sales declined 5% to $56.7 million, with maintenance products down 3% to $55.6 million [12][13] - Asia Pacific sales increased 7% to $22 million, with maintenance products up 9% to $19.8 million [16][17] Market Data and Key Metrics Changes - The Americas accounted for 50% of global business, while EMEA made up 36% and Asia Pacific contributed 14% [12][17] - Sales in Latin America showed strong growth of 19%, while Turkey experienced a significant decline of nearly 40% [19][70] - Sales in France increased by 9%, 14% in DACH, 13% in Iberia, and 7% in the UK, indicating strong market trends in these regions [14][15] Company Strategy and Development Direction - The company is focused on driving revenue growth in maintenance products and enhancing overall profitability through geographic expansion and premiumization [18][20] - The strategic enablers emphasize operational excellence and a people-first mindset, with a commitment to social responsibility and community support [24][26] - The company is targeting a compound annual growth rate for premiumized products of greater than 10% and for WD-40 Specialist products of greater than 15% [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in concluding the fiscal year with solid growth, despite challenges in certain markets [9][47] - The company narrowed its net sales guidance for fiscal year 2025 to between 6% and 9%, reflecting a clearer view of business performance [42][68] - Management acknowledged potential risks including inflationary pressures and foreign currency fluctuations but remains optimistic about achieving long-term targets [45][72] Other Important Information - The company plans to continue returning capital to stockholders through dividends and share repurchases, with a quarterly cash dividend of $0.94 per share approved [40] - The divestiture of the Home Care and Cleaning business is ongoing, with active discussions with potential buyers [41] Q&A Session Summary Question: Why is the Q4 guidance wide? - Management noted that promotional activity and timing of orders can impact revenue, leading to a wider guidance range [52][54] Question: Will gross margin growth slow next year? - Management indicated that while they are pleased with current margins, they have supply chain initiatives that could offset potential inflationary pressures [55][56] Question: How should G&A costs be viewed moving forward? - Management stated that they are focused on controlling costs and do not expect double-digit increases in G&A expenses [58][60] Question: What is the impact of foreign exchange on Q4? - Management expects a small benefit from foreign exchange in Q4, with some currencies remaining a headwind [61][62] Question: Are tariffs affecting customer order trends? - Management clarified that while there is some exposure to tariffs, substantial supply chain initiatives are mitigating their impact [63][64] Question: What changed in the top line guidance? - Management explained that the guidance reflects a clearer picture of business performance and adjustments for currency fluctuations [67][72]

Financial Data and Key Metrics Changes - The company reported third quarter net sales of $156.9 million, a 1% increase compared to the same period last year, marking a record sales quarter [6][7] - Adjusting for foreign currency translation, net sales would have been $158.6 million, reflecting a 2% increase year over year [7] - Year-to-date net sales of maintenance products reached $435.2 million, representing a 6% increase [8] - Gross margin improved to 56.2% in the third quarter, up from 53.1% last year, driven by higher average selling prices and lower specialty chemical costs [30][31] - Adjusted EBITDA margin was 20% compared to 19% in the same period last year, with adjusted EBITDA of $30.7 million, up 3% from the prior quarter [36][37] - Operating income improved to $27.4 million, an increase of 1% over the prior period, while diluted earnings per share were $1.54, reflecting a 5% increase [38] Business Line Data and Key Metrics Changes - Maintenance products sales increased 2% year over year to $150.4 million in the third quarter, with year-to-date sales aligning with long-term growth targets [7][8] - Sales of WD-40 Multi Use Product in The Americas increased 7%, driven by promotional activity [9] - WD-40 Specialist sales increased 11% year to date, with a target of greater than 15% compound annual growth rate for future sales [20][21] - Home Care and Cleaning product sales remained steady, reflecting a strategic shift towards higher margin maintenance products [10][13] Market Data and Key Metrics Changes - Sales in The Americas increased 4% to $78.2 million, with maintenance products sales up 4% to $75 million [8][9] - EMEA sales declined 5% to $56.7 million, with maintenance products down 3% [10][11] - Asia Pacific sales increased 7% to $22 million, with maintenance products up 9% [14][16] - Sales in Turkey and the Middle East were impacted by operational changes and timing of customer orders, affecting overall performance in EMEA [12][13] Company Strategy and Development Direction - The company is focused on driving revenue growth in maintenance products and enhancing overall profitability through geographic expansion and premiumization [17][20] - The strategic enablers emphasize operational excellence and a people-first mindset, with a commitment to social responsibility and community support [22][25] - The company is actively pursuing a divestiture of its Home Care and Cleaning business, with ongoing discussions with potential buyers [41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in concluding the fiscal year with solid growth, despite challenges in certain markets [8][47] - The company anticipates a strong start to the fourth quarter, with robust performance across all trade blocks [47] - Management acknowledged potential risks including cost volatility and foreign currency fluctuations, but remains optimistic about achieving long-term growth targets [32][45] Other Important Information - The company plans to maintain a disciplined capital allocation strategy, targeting annual dividends greater than 50% of earnings [40] - Employee tenure at the company averages eight years, significantly higher than the median tenure at U.S. companies [24] Q&A Session Summary Question: Why is the Q4 guidance wide? - Management noted that promotional activity and timing of orders can impact revenue, leading to a wider guidance range [52][54] Question: Will gross margin growth slow next year? - Management indicated that while they are pleased with current margins, they have initiatives in place to potentially enhance margins further [55][56] Question: How should SG&A costs be viewed moving forward? - Management suggested that SG&A costs may not rise at the same rate as in previous years, focusing on cost management [60] Question: What is the impact of foreign exchange on Q4? - Management expects a small positive impact from foreign exchange in Q4, particularly in Europe [62] Question: Are tariffs affecting customer order trends? - Management stated that while there is some exposure to tariffs, substantial supply chain initiatives are mitigating their impact [63][64]

[PART I — FINANCIAL INFORMATION](index=2&type=section&id=PART%20I%20%E2%80%94%20FINANCIAL%20INFORMATION) [Financial Statements (Unaudited)](index=3&type=section&id=Item%201.%20Financial%20Statements) Presents WD-40 Company's unaudited condensed consolidated financial statements, including Balance Sheets, Operations, and Cash Flows Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | May 31, 2025 | August 31, 2024 | | :--- | :--- | :--- | | Total current assets | $266,457 | $255,441 | | Total assets | $455,952 | $449,039 | | Total current liabilities | $93,721 | $103,500 | | Total liabilities | $198,890 | $218,513 | | Total stockholders' equity | $257,062 | $230,526 | Condensed Consolidated Statements of Operations Highlights (in thousands, except per share) | Metric | Nine Months Ended May 31, 2025 | Nine Months Ended May 31, 2024 | | :--- | :--- | :--- | | Net sales | $456,514 | $434,566 | | Gross profit | $251,914 | $230,882 | | Income from operations | $75,767 | $72,301 | | Net income | $69,753 | $52,860 | | Diluted EPS | $5.13 | $3.88 | Condensed Consolidated Statements of Cash Flows Highlights (in thousands) | Activity | Nine Months Ended May 31, 2025 | Nine Months Ended May 31, 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $57,980 | $64,824 | | Net cash used in investing activities | $(2,848) | $(9,103) | | Net cash used in financing activities | $(49,321) | $(58,145) | | Net increase (decrease) in cash | $4,983 | $(2,843) | - In Q1 FY2025, certain assets of the company's homecare and cleaning product businesses in the Americas and EIMEA segments were classified as held for sale, totaling **$9.3 million**. These assets primarily consist of inventory, goodwill, and other intangible assets[45](index=45&type=chunk)[46](index=46&type=chunk) - Effective September 1, 2024, the company changed the functional currency of its U.K. subsidiary (which generates EIMEA results) from Pound Sterling to the Euro, reflecting a significant shift in the currency mix of its operating income[38](index=38&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=24&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses financial performance, highlighting a **5%** sales increase, improved gross margin, and a **32%** net income rise - For the nine months ended May 31, 2025, consolidated net sales increased **5%** to **$456.5 million**, and net income rose **32%** to **$69.8 million**. Diluted EPS was **$5.13**, up from **$3.88**. Excluding a one-time tax benefit of **$11.9 million**, net income would have increased **9%**[102](index=102&type=chunk) - The company returned approximately **$47.2 million** to stockholders through share repurchases and dividends during the first nine months of fiscal year 2025[102](index=102&type=chunk) - The company's long-term business model targets are **55%** gross margin, **30%** cost of doing business, and **25%** Adjusted EBITDA. For the nine months ended May 31, 2025, the company achieved **55%** gross margin, **38%** cost of doing business, and **18%** Adjusted EBITDA[147](index=147&type=chunk)[148](index=148&type=chunk)[149](index=149&type=chunk) [Results of Operations](index=26&type=section&id=Results%20of%20Operations) Net sales grew **5%** to **$456.5 million**, gross margin improved to **55.2%**, and net income rose **32%** due to a tax benefit Net Sales by Product Category (Nine Months Ended May 31, in thousands) | Product Category | 2025 | 2024 | % Change | | :--- | :--- | :--- | :--- | | Total maintenance products | $435,226 | $410,546 | 6% | | HCCP | $21,288 | $24,020 | (11)% | | **Total net sales** | **$456,514** | **$434,566** | **5%** | Net Sales by Segment (Nine Months Ended May 31, in thousands) | Segment | 2025 | 2024 | % Change | | :--- | :--- | :--- | :--- | | Americas | $213,127 | $202,685 | 5% | | EIMEA | $173,763 | $162,466 | 7% | | Asia-Pacific | $69,624 | $69,415 | 0% | | **Total** | **$456,514** | **$434,566** | **5%** | - Gross margin for the nine months ended May 31, 2025, increased by **210 basis points** to **55.2%**, primarily due to lower costs of aerosol cans (**70 bps**) and specialty chemicals (**70 bps**)[118](index=118&type=chunk)[120](index=120&type=chunk) - SG&A expenses for the nine-month period increased by **12%** (**$16.3 million**), mainly due to higher employee-related costs of **$11.5 million** from increased headcount, incentive compensation, and annual salary increases[121](index=121&type=chunk)[123](index=123&type=chunk) - The effective tax rate for the nine months ended May 31, 2025, was **5.9%**, a significant decrease from **23.1%** in the prior year, primarily due to the release of an **$11.9 million** uncertain tax position related to the Tax Cuts and Jobs Act[84](index=84&type=chunk)[143](index=143&type=chunk) [Liquidity and Capital Resources](index=40&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains strong liquidity with **$51.7 million** cash, with operating cash flow at **$58.0 million**, and used cash for dividends and share repurchases Cash Flow Summary (Nine Months Ended May 31, in thousands) | Cash Flow Activity | 2025 | 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $57,980 | $64,824 | | Net cash used in investing activities | $(2,848) | $(9,103) | | Net cash used in financing activities | $(49,321) | $(58,145) | - The decrease in operating cash flow was primarily due to an **$11.7 million** unfavorable net change in working capital, driven by changes in inventory and accounts payable balances[164](index=164&type=chunk) - The Board extended the 2023 Share Repurchase Plan to August 31, 2026. As of May 31, 2025, **$32.2 million** remains available for repurchases under the **$50.0 million** plan[161](index=161&type=chunk)[184](index=184&type=chunk) - On June 17, 2025, the Board declared a quarterly cash dividend of **$0.94** per share[91](index=91&type=chunk)[173](index=173&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=44&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company incorporates market risk disclosures from its latest 10-K, indicating no material changes to foreign currency, interest rate, or commodity price exposures - The company states there are no material changes to its market risk disclosures from its most recent Annual Report on Form 10-K filed on October 21, 2024[178](index=178&type=chunk) [Controls and Procedures](index=44&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls and procedures were effective as of May 31, 2025, with no material changes to internal controls - The CEO and CFO concluded that the company's disclosure controls and procedures were effective as of May 31, 2025, ensuring timely reporting as required by the SEC[179](index=179&type=chunk) - No changes in internal control over financial reporting occurred during the quarter ended May 31, 2025, that materially affected, or are reasonably likely to materially affect, these controls[180](index=180&type=chunk) [PART II — OTHER INFORMATION](index=45&type=section&id=PART%20II%20%E2%80%94%20OTHER%20INFORMATION) [Legal Proceedings](index=45&type=section&id=Item%201.%20Legal%20Proceedings) The company is subject to various legal proceedings, but management believes no pending claims will materially impact its financial condition - As of May 31, 2025, the company believes no legal proceedings will result in a probable loss or have a materially adverse impact on its financial condition, results of operations, or cash flows[79](index=79&type=chunk)[182](index=182&type=chunk) [Risk Factors](index=45&type=section&id=Item%201A.%20Risk%20Factors) No material changes to risk factors have occurred since those disclosed in the Annual Report on Form 10-K - There have been no material changes in risk factors from those disclosed in the Annual Report on Form 10-K for the fiscal year ended August 31, 2024[183](index=183&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=45&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased **12,750** shares for approximately **$3.0 million** in Q3 FY2025, extending the plan with **$32.2 million** remaining - The Board of Directors extended the expiration date of the 2023 Repurchase Plan from August 31, 2025, to August 31, 2026. As of May 31, 2025, **$32.2 million** remains available for repurchase under the plan[184](index=184&type=chunk) Share Repurchases (Q3 FY2025) | Period | Total Shares Purchased | Average Price Paid Per Share | | :--- | :--- | :--- | | March 2025 | **5,000** | **$241.52** | | April 2025 | **4,000** | **$234.14** | | May 2025 | **3,750** | **$239.05** | | **Total** | **12,750** | **$238.48** | [Other Information](index=45&type=section&id=Item%205.%20Other%20Information) No directors or officers reported adoption, modification, or termination of Rule 10b5-1 trading arrangements in Q3 FY2025 - No directors or officers reported the adoption, modification, or termination of a Rule 10b5-1 trading arrangement during the three months ended May 31, 2025[187](index=187&type=chunk) [Exhibits](index=46&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including corporate governance documents, CEO/CFO certifications, and iXBRL data - The report includes standard exhibits such as corporate governance documents, CEO/CFO certifications (Sections 302 and 906), and financial statements formatted in iXBRL[188](index=188&type=chunk)