04:33 PM EDT, 04/09/2024 (MT Newswires) -- WD-40 Company ( WDFC ) reported fiscal Q2 earnings late Tuesday of $1.14 per diluted share, down from $1.21 a year earlier.

Analysts polled by Capital IQ expected $1.13.

Net sales for the quarter ended Feb. 29 was $139.1 million, up from $130.2 million a year earlier.

Analysts surveyed by Capital IQ expected $140.3 million.

The company now expects fiscal 2024 earnings of between $5 and $5.30 per diluted share compared with its prior forecast of $4.78 and $5.15. Analysts surveyed by Capital IQ expect $5.13.

The company reiterated its net revenue guidance of between $570 million and $600 million. Analysts polled by Capital IQ expect $577.9 million.

Shares of the company traded more than 3% lower in after-hours activity.

Price: 247, Change: -8.11, Percent Change: -3.18