WD-40 FY26 Sales Up 11% to $688M; FY27 EPS Guided to $6.40-$6.70
WDFC is trading near its 52-week low of $175.38 (9.8% above the low) on elevated volume (2.4× avg).
Summary
WD-40 closed FY2026 with 11% sales growth to $688.0M and non-GAAP EPS of $6.18, but Q4 operating income fell 32% on input-cost and spending pressure. FY2027 guidance of $6.40-$6.70 EPS implies 5-10% growth with gross margin recovering from the Q4 low.
Key Events · Earnings and Guidance · WDFC
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FY26 Sales Up 11% to $688.0M
Maintenance product sales rose 13% to $665.9M, or 9% in constant currency, at the top of the long-term target range. Non-GAAP diluted EPS grew 6% to $6.18; GAAP EPS fell to $6.08 from $6.69 on a prior-year $11.9M tax benefit.
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Q4 Margin Squeeze Hits Profit
Q4 gross margin fell to 52.8% from 54.7% and operating income dropped 32% to $19.1M, with SG&A up 19% and advertising up 26%. Management expects Q4 to be the low point with sequential margin improvement from Q1 FY2027.
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FY27 Guidance: EPS $6.40-$6.70
Sales guided to $715M-$735M (4-7% growth), gross margin 54.0-55.5%, operating income $114M-$120M, and EPS $6.40-$6.70 on ~13.4M weighted average shares.
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Buyback and Dividend Continue
Repurchased 30,895 shares for $7.0M in Q4; the $100M program approved June 15, 2026 became effective Sept. 1, 2026. A $1.02 quarterly dividend was declared Oct. 8, 2026, payable Oct. 30.
Analysis · WDFC · Industrial Applications And Services
Full-year results landed in line with guidance, but the fourth quarter is the weak spot: gross margin fell to 52.8% from 54.7% and operating income dropped 32% to $19.1M on higher specialty-chemical and freight costs plus a 26% jump in advertising spend. Management called Q4 the margin trough and expects sequential improvement starting in Q1 FY2027. The new FY2027 guide of $6.40-$6.70 EPS (5-10% growth) and $715M-$735M in sales is the number that resets expectations, and it implies only modest margin recovery. Cash generation remains solid at $105.0M from operations, funding $54.0M of dividends and $29.6M of buybacks, with the $100M repurchase program now active since Sept. 1, 2026.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1563 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WDFC was trading at $192.56 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $175.38 to $298.90. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.