Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when WDFC files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsWD-40 reports 24% Q3 sales growth, 45% EPS jump; board approves $100M buyback program
Filed July 9, 2026 · Period ending July 9, 2026 · ~1 min read
Key Changes
-
high
Q3 net sales rose 24% to $195.1M with operating income up 47% to $40.3M; diluted EPS increased 45% to $2.24 vs. $1.54 prior year, driven by double-digit growth across all three geographic segments.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
medium
Board authorized new $100M share repurchase program effective September 1, 2026 with no expiration date, signaling management confidence and commitment to capital returns.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
high
Updated FY2026 guidance: reported net sales $675-690M (10-12% growth), non-GAAP diluted EPS $6.05-$6.35 (6-11% growth); gross margin revised down to 54.5-55.5% due to homecare brand reclassification and cost pressures.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
medium
Reclassified Americas homecare and cleaning brands from held-for-sale to held-for-use, triggering $1.3M one-time amortization expense; company will retain rather than divest these assets.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
low
Board declared quarterly dividend of $1.02 per share, payable July 31, 2026 to shareholders of record July 17, 2026.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
Summary
WD-40 delivered strong fiscal Q3 2026 results with 24% sales growth to $195.1 million and 45% EPS growth to $2.24, reflecting robust performance across all geographic segments. Operating income jumped 47% to $40.3 million, demonstrating strong operating leverage.
The company updated its full-year guidance to reflect year-to-date momentum, now expecting reported sales of $675-690 million and non-GAAP EPS of $6.05-$6.35. The company made a strategic shift regarding its Americas homecare and cleaning brands, reclassifying them from held-for-sale to held-for-use.
This means WD-40 will retain these assets rather than pursue divestiture, though it will no longer actively market them. The reclassification triggered a $1.3 million one-time amortization catch-up and contributed to a downward revision in gross margin guidance to 54.5-55.5%. The board approved a new $100 million share repurchase program effective September 1, 2026, with no expiration date, alongside a regular quarterly dividend of $1.02 per share. The buyback authorization signals management's confidence in the business trajectory and commitment to returning capital to shareholders while maintaining financial flexibility.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
WD-40 disclosed Q3 FY2026 earnings results for the quarter ended May 31, 2026 via press release.
Added in current filing · verify on EDGAR →
On July 9, 2026, WD-40 Company issued a news release with respect to earnings for the quarter ended May 31, 2026.
WD-40 Company announced its financial results for the fiscal third quarter ended May 31, 2026. The earnings details are provided in a press release attached as Exhibit 99.1, though the specific financial metrics are not included in the body of this 8-K filing.
Event · Exhibit 99.1
WD-40 reported Q3 2026 results with 24% sales growth and 47% operating income increase, updated FY2026 guidance, and approved a new $100M share repurchase program.
Added in current filing · view on EDGAR →
Total net sales were $195.1 million, an increase of 24 percent compared to the prior year fiscal quarter. ... Operating income was $40.3 million, an increase of 47 percent from the prior year fiscal quarter. ... Net income was $30.2 million, an increase of 44 percent from the prior year fiscal quarter. ... Diluted earnings per share were $2.24 compared to $1.54 in the prior year fiscal quarter, an increase of 45 percent.
WD-40 reported strong Q3 fiscal 2026 results for the quarter ended May 31, 2026. Net sales increased 24% to $195.1 million, driven by double-digit growth across all three geographic segments (Americas up 29%, EIMEA up 17%, Asia-Pacific up 24%). Operating income rose 47% to $40.3 million, reflecting strong operating leverage. Diluted EPS increased 45% to $2.24.
Added in current filing · view on EDGAR → · paraphrased
During the quarter, we decided to shift our focus and no longer actively market our Americas homecare and cleaning brands and have reclassified those assets as held for use. ... During the third quarter of fiscal year 2026, we reclassified certain homecare and cleaning products in the Americas and recorded an additional $1.3 million of related amortization expense.
WD-40 reclassified its Americas homecare and cleaning brands from held-for-sale to held-for-use, indicating the company will no longer actively market these products but will retain them rather than divest. This reclassification triggered a one-time $1.3 million amortization catch-up expense in Q3. The company updated its FY2026 guidance to include approximately $12 million in net sales and $2.9 million in operating income from these brands.
Added in current filing · view on EDGAR →
On June 15, 2026, ... WD-40 Company’s Board of Directors approved a new share repurchase program authorizing the repurchase of up to $100.0 million of the Company’s outstanding common stock. The ... program will become effective on September 1, 2026. Repurchases may be made from time to time based on market conditions and other factors, subject to applicable laws, regulations and the Company’s existing debt covenants. The program has no expiration date and may be modified, suspended or discontinued at any time at the discretion of the Board of Directors.
The Board authorized a new $100 million share repurchase program effective September 1, 2026, with no expiration date. During Q3, the company repurchased 31,250 shares for $6.8 million under the prior program. The new authorization signals management's confidence in the business and commitment to returning capital to shareholders.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jul 10, 2026 · How we verify