Sign in

You're signed outSign in or to get full access.

WD 40 (WDFC)

--

Earnings summaries and quarterly performance for WD 40.

Recent press releases and 8-K filings for WDFC.

WD-40 Company Outlines Growth Strategy and Capital Allocation at ICR Conference
WDFC
Dividends
Share Buyback
Guidance Update
  • 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.
Jan 13, 2026, 3:00 PM
WD-40 Company outlines FY 2026 financial drivers and growth strategy at ICR Conference
WDFC
Guidance Update
Dividends
Share Buyback
  • 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.
Jan 13, 2026, 3:00 PM
WD-40 Company Outlines Strategic Focus, Financial Goals, and Capital Allocation
WDFC
Dividends
Share Buyback
New Projects/Investments
  • 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).
Jan 13, 2026, 3:00 PM
WDFC Reports Q1 2026 Results and Reaffirms Full-Year Guidance
WDFC
Earnings
Guidance Update
Dividends
  • 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.
Jan 8, 2026, 10:00 PM
WD-40 Company Announces Q1 FY26 Results and Reaffirms FY26 Guidance
WDFC
Earnings
Guidance Update
  • 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).
Jan 8, 2026, 10:00 PM
WDFC Announces Q1 2026 Results and Reaffirms FY26 Guidance
WDFC
Earnings
Guidance Update
Share Buyback
  • 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.
Jan 8, 2026, 10:00 PM
WD-40 Company Reports Q1 2026 Results, Reaffirms FY26 Guidance
WDFC
Earnings
Guidance Update
Share Buyback
  • 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.
Jan 8, 2026, 10:00 PM
WD-40 Company Reports Q1 2026 Financial Results
WDFC
Earnings
Guidance Update
Dividends
  • 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.
Jan 8, 2026, 9:07 PM
WD-40 Company Reports First Quarter 2026 Financial Results
WDFC
Earnings
Guidance Update
Dividends
  • 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.
Jan 8, 2026, 9:05 PM
WD-40 Company Reports Strong FY25 Results and Outlines Future Growth Strategy at Annual Meeting
WDFC
Earnings
Guidance Update
Proxy Vote Outcomes
  • 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.
Dec 12, 2025, 6:00 PM