WD-40 Company (NASDAQ:WDFC) Q2 2024 Earnings Call Transcript

Linda Bolton Weiser: And then just one final one. I was trying to figure out the math here on your EPS increase for the guidance. And it’s the tax rate, I don’t think it was more than like $0.05 or $0.10, and yet you raised the midpoint of the range by $0.18. So is it fair to say that the rest of that is operational rooted in the gross margin being better?

Sara Hyzer: Yes Most of the change is as we’re just getting we’re halfway through the year now. We have more visibility as to how we believe margin will play out for the second half of the year. So that’s really the biggest change and the narrowing of the EPS range. There’s obviously a little play in there on the income tax line as well, but those are the biggest two drivers for the change in the guidance.

Operator: Ladies and gentlemen, that does conclude our allotted time for questions. We thank you for your participation on today’s conference call, and ask that you please disconnect your lines.