WD-40 Company (WDFC)
NASDAQ:WDFC
Earnings Data
Report Date
Jul 15, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.57Last Year’s EPS
1.54Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated broadly positive operational momentum: solid top-line growth (Q2 sales +11%), strong maintenance product performance, gross margin expansion (+100 bps), notable recoveries in Asia and the U.S., and progress on premiumization, Specialist, and e-commerce initiatives. Management reaffirmed full-year guidance while flagging rising input-cost risk from recent geopolitical events (higher oil price assumptions $95–$115/bbl) that could pressure margins starting in Q4. Near-term working capital increases and a flat adjusted EBITDA margin temper the outlook, but diversified supply chain, inventory positioning, and planned promotional activity (especially in the U.S.) provide offset and justify confidence in the full-year targets.Company Guidance
Consolidated Net Sales Growth
Q2 net sales of $161.7M, up 11% year-over-year, driven by strength in maintenance products and the U.S. market.
Maintenance Products Performance
Maintenance products = $156.8M in Q2, up 13% YoY (constant currency +6% YoY); maintenance comprised ~97% of total net sales.
Strong U.S. and Americas Momentum
Americas sales $71.8M (+10% YoY); U.S. maintenance sales +15% and WD-40 Multi-Use Product U.S. sales +$5M (+15%); Americas maintenance growth and planned back-half promotional activity support expectation of high single- to low double-digit FY growth for the region.
Asia Pacific Rebound
Asia Pacific sales $25.0M (+19% YoY; constant currency +16%); China maintenance +25% and China WD-40 Multi-Use Product +18% (+$1.1M); Asia distributor markets +19%; WD-40 Specialist in Asia Pacific +55%.
EIMEA Direct Market Strength (Local Currency)
EIMEA reported sales $64.9M (+9% YoY) but constant currency -3%; direct markets (70% of region) increased 12% to $45.6M, with local currency WD-40 Multi-Use gains: France +16%, Iberia +12%, Benelux +12%.
Gross Margin Expansion
Q2 gross margin 55.6%, up 100 basis points YoY (adjusted gross margin 56% excluding assets held for sale); improvement driven by ~80 bps from lower specialty chemical costs and ~70 bps from higher average selling prices/mix.
Profitability and Operating Income
Operating income increased 13% to $26.3M in Q2 (constant currency operating income +4%), demonstrating bottom-line leverage from sales and gross margin expansion.
Product Portfolio and Channel Wins
Year-to-date WD-40 Multi-Use Product $245M (+6% YTD); WD-40 Specialist YTD $44.9M (+19% YTD); premiumized products (Smart Straw and EZ Reach) +9% YTD and now represent ~50% of MUP sales; e-commerce up 23% YTD.
Supply Chain Resilience and Operational Metrics
Global on-time-in-full performance 96%; diversified manufacturing partners (new EIMEA partner) and intentional inventory builds to support Q3 promotions and insulate near-term gross margin volatility.
Capital Allocation and Balance Sheet Actions
Executed $8M of share repurchases (38,175 shares) with ~$14M remaining authorization; Board approved quarterly dividend of $1.02 per share; solid liquidity and disciplined capital deployment.
Guidance Reaffirmation
Reaffirmed fiscal 2026 guidance: pro forma net sales $630M–$655M (constant currency, +5% to +9% pro forma) and reported revenue $650M–$680M; gross margin guidance 55.5%–56.5%; diluted EPS $5.75–$6.15 (based on ~13.4M shares).
WDFC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WDFC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 09, 2026 | $223.02 | $214.01 | -4.04% |
Jan 08, 2026 | $202.49 | $189.06 | -6.63% |
Oct 22, 2025 | $199.98 | $205.52 | +2.77% |
Jul 10, 2025 | $221.75 | $220.21 | -0.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does WD-40 Company (WDFC) report earnings?
WD-40 Company (WDFC) is schdueled to report earning on Jul 15, 2026, After Close (Confirmed).
What is WD-40 Company (WDFC) earnings time?
WD-40 Company (WDFC) earnings time is at Jul 15, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WDFC EPS forecast?
WDFC EPS forecast for the fiscal quarter 2026 (Q3) is 1.57.
