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WD-40 Company Reports Fourth Quarter and Fiscal Year 2026 Financial Results

Business Wire•21/10/2026•16:05 ET
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Key Highlights

  • ➤FY2026 net sales rose 11% to $688.0 million
  • ➤FY2026 maintenance product sales increased 13% to $665.9 million
  • ➤FY2027 EPS guidance is $6.40-$6.70, up 5%-10%
  • ➤FY2027 operating income guidance is $114 million-$120 million
  • ➤New $100.0 million share repurchase program became effective Sept. 1, 2026

Expert Statements

Steve Brass, President and Chief Executive Officer of WD-40 Company

“Fiscal year 2026 demonstrated the resilience of our business and the strength of our execution”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“We grew net sales 11%, grew maintenance product sales at the top of our long-term target range, and delivered results in line with guidance.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“Our globally decentralized supply chain continued to be a competitive advantage, helping us navigate volatility, deliver exceptional customer service and generate cost savings.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“Our fourth quarter financial results reflect higher input costs and continued investment in our people and brands.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“Higher costs for specialty chemicals and other inputs pressured gross margin.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“Based on what we know today, we believe our fourth quarter of fiscal year 2026 marked the low point for gross margin, and we anticipate sequential improvement beginning in the first quarter of fiscal year 2027.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“We manage WD-40 Company for the long term.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“We see significant remaining opportunity for WD-40(®) Brand around the world and a long runway for growth.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“A resilient business model, durable competitive advantages, strong cash flow generation and disciplined capital allocation give us confidence in our ability to deliver sustainable growth and create long-term value for stockholders.”

Steve Brass, President and Chief Executive Officer of WD-40 Company

“Most importantly, our people turn that opportunity into results, and their commitment, capability and passion make our business stronger every year.”

WD-40 Company Reports Fourth Quarter and Fiscal Year 2026 Financial Results

~ Net Sales of Maintenance Products Grew 9% in the Fourth Quarter and 13% for the Fiscal Year ~

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