WD-40 Company (WDFC) Earnings Call Transcripts

WD-40 Company's Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, WD-40 Company (WDFC) reported consolidated net sales of $161.7 million, reflecting an 11% increase year-over-year, driven primarily by strong growth in maintenance products. Earnings per share (EPS) were $1.50, which was a decrease from $2.19 in the prior year, largely due to a nonrecurring tax benefit last year. Management reaffirmed their full-year guidance, expecting net sales growth of 5% to 9%, with low double-digit growth anticipated in reported currency, despite geopolitical uncertainties affecting margins.

Reported metrics

Guidance from management

Management reaffirmed their fiscal 2026 guidance, expecting net sales between $630 million and $655 million, with low double-digit growth anticipated in reported currency. They highlighted potential risks from geopolitical developments but maintained confidence in achieving their targets.

What management said

Sure, Michael. So this is -- good to hear from you. Yes, you understood that correctly. So we are maintaining our expectation for revenue growth in the mid- to high single digits. And just given the growth -- the risk right now that we see in the gross margins and considering some of the mitigation actions depending on how long this lingers, we believe we're kind of well within the range, but we're not necessarily sa...

Yes, it's definitely -- I mean we are seeing the input cost increase since the -- subsequent to our quarter end. In our previous guidance, it was closer to the, I think, $65 to $85 range, and so it has moved up quite a bit.

What analysts pressed on

Analysts expressed concerns regarding the impact of rising oil prices on gross margins, with management noting a shift in expectations from $65-$85 to $95-$115 per barrel. Additionally, there were questions about the sustainability of growth in Asia amid geopolitical tensions.

Main topics on the call

• Revenue Growth — WD-40 reported consolidated net sales of $161.7 million, an 11% increase year-over-year. Management noted, "Sales of maintenance products in our direct markets grew 14% compared to the prior year," indicating strong mome...
• Gross Margin Stability — The gross margin was reported at 55.6%, up 100 basis points year-over-year. Management stated, "We do not expect gross margins to be significantly impacted in the third quarter," suggesting stability despite rising input...
• Geopolitical Risks — Management acknowledged potential impacts from geopolitical tensions, particularly in the Middle East, stating, "We are closely monitoring the geopolitical conditions in the Middle East." This highlights a cautious outlo...
• Earnings Guidance — Management reaffirmed their fiscal 2026 guidance, expecting net sales to grow between $630 million and $655 million. They noted, "We are confident in delivering a solid full year outcome," despite recent geopolitical dev...

Read the full WD-40 Company transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 33 WD-40 Company earnings call transcripts on record, spanning January 9, 2020 to July 9, 2026. Based on this history, WD-40 Company reports quarterly. The most recent call on file is dated July 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

WDFC

Exchange

NasdaqGS

Country

US

Sector

Consumer Staples

Industry

Household Products

Calls on record

33

First call

January 9, 2020

Most recent

July 9, 2026

Reporting cadence

quarterly