WD-40 Q4 net income drops 32% to $14.36 million; sales rise 8% to $176.78 million
WDFC•WD-40 reported fourth-quarter net income of $14.36 million, down 32% year over year, while net sales rose 8% to $176.78 million. FY27 diluted EPS is projected at $6.40–$6.70, up 5%–10%.
1. Quarterly results and outlook
WD-40’s fourth-quarter FY26 diluted EPS fell 32% year over year to $1.06, while net sales rose 8% to $176.8 million. Gross margin declined to 52.8%, pressured by higher specialty chemical and other input costs. Management expects sequential gross margin improvement beginning in the first quarter of FY27 and projects FY27 diluted EPS of $6.40–$6.70, representing growth of 5%–10%.
