Earnings summaries and quarterly performance for WD 40.
Executive leadership at WD 40.
Steven A. Brass
President and Chief Executive Officer
Jeffrey G. Lindeman
Chief People, Culture and Capability Officer
Patricia Q. Olsem
Division President, Americas
Phenix Q. Kiamilev
General Counsel, Chief Compliance Officer and Corporate Secretary
Sara K. Hyzer
Chief Financial Officer
William B. Noble
Group Managing Director
Board of directors at WD 40.
Anne G. Saunders
Director
Cynthia B. Burks
Director
Daniel T. Carter
Director
David B. Pendarvis
Director
Edward O. Magee, Jr.
Director
Eric P. Etchart
Chairman of the Board
Graciela I. Monteagudo
Director
Lara L. Lee
Director
Trevor I. Mihalik
Director
Research analysts who have asked questions during WD 40 earnings calls.
Daniel Rizzo
Jefferies
6 questions for WDFC
Keegan Cox
D.A. Davidson Companies
2 questions for WDFC
Linda Bolton-Weiser
D.A. Davidson & Co.
2 questions for WDFC
Michael Baker
D.A. Davidson & Co.
1 question for WDFC
Recent press releases and 8-K filings for WDFC.
- WD-40 Company aims for mid- to high single-digit growth annually, having achieved gross margins over 55% in FY25, with a midterm goal to restore EBITDA margins to the 20% to 22% range.
- The company's growth strategy focuses on geographic expansion in emerging markets, premiumization of its core products (e.g., Smart Straw and EZ-Reach, growing at 9.4% over the past few years), and the WD-40 Specialist line (growing at a 14% CAGR).
- WDFC operates with an asset-light model and a robust balance sheet, supporting a stockholder-friendly capital allocation strategy that includes an 8% increase in its dividend and a plan to more than double share repurchases in FY26 compared to the prior year.
- WD-40 Company aims for mid- to high single-digit year-over-year growth and has recovered gross margins to over 55% in FY 2025, with a midterm goal to achieve 20-22% EBITDA margins.
- The company operates with an asset-light operating model, focusing on maintenance products, where the WD-40 Multi-Use Product accounts for nearly 80% of revenues and the WD-40 Specialist line is growing at a 14% CAGR.
- Significant growth opportunities are identified in international markets, particularly Asia-Pacific with double-digit growth, and through premiumization initiatives like Smart Straw and EZ-Reach, which are margin accretive.
- WD-40 maintains a stockholder-friendly capital allocation strategy, including a dividend paid for over 40 years (recently increased by 8%) and plans to more than double share repurchases compared to the prior year's $12.3 million.
- WD-40 Company aims for mid- to high single-digit year-over-year growth, with a focus on achieving gross margins north of 55% (achieved in FY25) and midterm EBITDA margins in the 20% to 22% range. The company also strives for an ROIC of over 25%.
- The company operates an asset-light business model, being 100% outsourced, and invests in its brands and people, which contributes to strong free cash flow generation.
- Key growth drivers include geographic expansion in emerging markets like China and India, the WD-40 Specialist line (which grew at a 14% CAGR), and premiumization efforts through products like Smart Straw and EZ-Reach.
- WD-40 maintains a stockholder-friendly capital allocation strategy, prioritizing dividends (paid for over 40 years, recently increased by 8%) and accelerated share repurchases (planning to more than double the $12.3 million bought back last year).
- For the first fiscal quarter of 2026, WD-40 Company reported consolidated net sales of $154.4 million, representing a 1% increase compared to last year, with maintenance products sales growing 2% to $148.9 million.
- The company's gross margin strengthened to 56.2% in Q1 2026, an improvement of 140 basis points compared to the first quarter of last fiscal year, primarily due to lower specialty chemical costs and higher average selling prices.
- Diluted earnings per share for Q1 2026 was $1.28, an 8% decrease from $1.39 in the prior year, mainly driven by softer top-line sales and higher selling, general, and administrative (SG&A) expenses.
- WD-40 reaffirmed its full-year 2026 guidance, expecting net sales between $630 million and $655 million and diluted EPS between $5.75 and $6.15, with confidence in achieving the mid to high end of these ranges due to planned activities in the back half of the fiscal year.
- The board approved a quarterly cash dividend of $1.02 per share, an 8% increase over the prior quarter, and the company plans to fully utilize the remaining $22 million under its share repurchase plan.
- WD-40 Company (WDFC) reported Q1 FY26 net sales of $154.4 million, a 1% increase compared to the prior year, with a gross margin of 56.2%, up 140 basis points.
- Despite the sales growth, operating income decreased by 7% to $23.3 million, and diluted EPS fell 8% to $1.28 in Q1 FY26.
- The improvement in gross margin was primarily attributed to lower costs of specialty chemicals and increases in average selling prices, partially offset by higher filling fees.
- The company reaffirmed its FY26 guidance, projecting pro forma net sales between $630 and $655 million, a gross margin between 55.5% and 56.5%, and diluted EPS between $5.75 and $6.15.
- Pro forma results for Q1 FY26, which exclude the impact of divested homecare and cleaning products, showed net sales of $151.1 million (a 2% increase) and diluted EPS of $1.24 (a 5% decrease).
- WD-40 Company reported Q1 2026 consolidated net sales of $154.4 million, a 1% increase year-over-year, primarily driven by maintenance products which grew 2% to $148.9 million. Diluted earnings per share decreased 8% to $1.28. The Q1 sales softness was attributed to timing-related factors within the marketing distributor network, not a decline in end-user demand, with a strong rebound expected later in the fiscal year.
- Gross margin strengthened to 56.2% in Q1 2026, an improvement of 140 basis points compared to the prior year, primarily due to lower specialty chemical costs and higher average selling prices.
- The company reaffirmed its fiscal year 2026 guidance, expecting net sales between $630 million and $655 million and diluted EPS between $5.75 and $6.15, and is highly confident in delivering results at the mid to high end of these ranges.
- The board approved a quarterly cash dividend of $1.02 per share, an increase of more than 8%, and the company plans to fully utilize the remaining $22 million under its share repurchase plan.
- WD-40 Company reported consolidated net sales of $154.4 million in Q1 2026, a 1% increase year-over-year, with maintenance products sales growing 2% to $148.9 million. Diluted earnings per share decreased 8% to $1.28 compared to the prior year.
- Gross margin strengthened to 56.2%, an improvement of 140 basis points from Q1 last fiscal year, primarily due to lower specialty chemical and can costs.
- The company reaffirmed its full fiscal year 2026 guidance, expecting net sales between $630 million and $655 million and diluted EPS between $5.75 and $6.15. Management expressed high confidence in achieving the mid to high end of these ranges, noting Q1 softness was due to timing factors in distributor markets, not declining end-user demand.
- The board approved an 8% increase in the quarterly cash dividend to $1.02 per share, and the company plans to fully utilize the remaining $22 million under its share repurchase plan.
- WD-40 Company reported total net sales of $154.4 million for the first fiscal quarter ended November 30, 2025, representing a 1% increase compared to the prior year fiscal quarter.
- Gross margin increased to 56.2% from 54.8% in the prior year fiscal quarter, while net income decreased 8% to $17.5 million and diluted earnings per share fell 8% to $1.28.
- Management reaffirmed its fiscal year 2026 guidance, expecting net sales between $630 million and $655 million and diluted earnings per share between $5.75 and $6.15, with results anticipated toward the mid-to-high end of these ranges.
- The board of directors declared a quarterly cash dividend of $1.02 per share, an 8% increase over the previous quarter's dividend. Additionally, the company repurchased 39,500 shares at a cost of $7.8 million during the first quarter, with $21.8 million remaining under the current share repurchase authorization as of November 30, 2025.
- WD-40 Company reported first quarter 2026 net sales of $154.4 million, a 1 percent increase compared to the prior year fiscal quarter, and diluted earnings per share of $1.28, an 8 percent decrease.
- Gross margin improved to 56.2 percent from 54.8 percent in the prior year fiscal quarter, with maintenance product sales increasing 2 percent to $148.9 million, while homecare and cleaning product sales decreased 31 percent due to a divestiture.
- Management reaffirmed its fiscal year 2026 guidance, expecting results toward the mid-to-high end of the ranges.
- The board declared a quarterly cash dividend of $1.02 per share, an increase of more than 8 percent, and the company repurchased 39,500 shares for $7.8 million during the quarter, with $21.8 million remaining under the share repurchase plan as of November 30, 2025.
- WD-40 Company reported FY25 net sales of maintenance products at $591 million, an increase of 6%, with gross margin improving to 55.1% (up 170 basis points) and adjusted diluted EPS of $5.82 per share, up 14%.
- The company aims for mid to high single-digit revenue growth and sees a long-term opportunity to quadruple current sales of its core multi-use product from $478 million in FY25 to over $1.9 billion.
- Key growth drivers include geographic expansion, with Mexico sales more than tripling to $23.5 million in FY25 and Brazil sales reaching $15 million in FY25, alongside accelerating sales of premium formats and the WD-40 Specialist brand.
- Stockholders approved executive compensation and ratified PricewaterhouseCoopers LLP as the independent accountant for fiscal year 2026. The board also raised the dividend by more than 8% and extended the share repurchase plan through FY26, with $30 million remaining to be utilized this fiscal year.
Quarterly earnings call transcripts for WD 40.
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