By Kit Norton
WD-40's fiscal 2026 second-quarter earnings topped Wall Street estimates and the company reiterated, with confidence, its full-fiscal year guidance. Wall Street, however, was looking for slightly better profit guidance.
The San Diego, Calif.,-based company behind the popular multipurpose low-viscosity oil product announced late Thursday fiscal second-quarter earnings of $1.50 a share, up from $1.32 a share a year ago, with revenue increasing 11% to $161.7 million.
Before the earnings announcement, Wall Street consensus called for earnings of $1.41 a share, with revenue totaling $154.4 million, according to FactSet.
WD-40 also reaffirmed on Thursday earlier full-fiscal year guidance with net sales growth projected to be between $630 million and $655 million, representing growth of 5% and 9% compared with fiscal 2025. WD-40 forecasts earnings of $5.75 to $6.15 a share, down from $6.69 a share in fiscal 2025. The midpoint of that guidance is below the consensus view of $6.08 a share, according to FactSet.
WD-40 stock declined 0.9% after the closing bell on Thursday. During regular trading on Thursday, WD-40 rose 1.7% to $223.02. For comparison the S&P 500 and the Dow Jones Industrial Average both gained 0.6%.
Write to Kit Norton at kit.norton@barrons.com
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(END) Dow Jones Newswires
April 09, 2026 16:35 ET (20:35 GMT)
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