WD‑40 reports FY 2026 results with 11% sales growth but Q4 margin pressure
WD‑40 Company posted fiscal 2026 net sales of $688 million, a reported increase of 11% versus the prior year, while fourth‑quarter gross margin fell to 52.8% on a reported basis, down 190 basis points YoY. Full‑year gross margin rose to 55.3% on a reported basis, up 20 basis points. Management forecast FY 2027 net sales of $715 million‑$735 million and EPS of $6.40‑$6.70, and said margin should improve to 54%‑55.5% in FY 2027.
Why it matters
The margin decline contributed to a 4.39% drop in the stock price after the release. The FY 2027 guidance signals continued revenue growth but also a need for margin recovery, which investors will watch for execution risk.
Key facts
- 1Fiscal 2026 net sales were $688 million, a reported increase of 11% over fiscal 2025. investing.com
- 2Constant‑currency maintenance product sales grew 9% to $644.7 million in FY 2026. investing.com
- 3Fourth‑quarter gross margin was 52.8% on a reported basis, down 190 basis points YoY. finance.yahoo.com
- 4Full‑year gross margin was 55.3% on a reported basis, up 20 basis points versus FY 2025. finance.yahoo.com
- 5Management guided FY 2027 net sales to $715 million‑$735 million on a reported basis. finance.yahoo.com
- 6Management guided FY 2027 EPS to $6.40‑$6.70 on a reported basis. finance.yahoo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.