WD-40 Company reported first-quarter fiscal 2026 results that fell short of expectations on both revenue and earnings. Net sales grew by just 1.2% year-over-year to $153.5 million, below consensus estimates of $156 million. Adjusted EPS of $0.95 missed the $1.02 forecast, reflecting a 4% year-over-year decline. Selling, general and administrative expenses rose by 8% to $47.8 million, driven by increased marketing investments in new product launches. With consensus EPS growth for fiscal 2026 hovering around flat, the firm’s valuation at over 30 times trailing earnings appears stretched, prompting analysts to maintain a sell recommendation.

WD-40 Company confirmed that Steve Brass, president and chief executive officer, and Sara Hyzer, vice president, finance and chief financial officer, will present at the 28th Annual ICR Conference in Orlando on January 13, 2026, at 10:00 a.m. Eastern Time. Investors can access a live webcast and subsequent 90-day archive via the company’s investor relations site. Management is expected to discuss strategic priorities, including expansion of the WD-40 Specialist portfolio and emerging market penetration.

Despite modest global revenue gains, WD-40’s profitability metrics deteriorated in Q1. Gross margin contracted by 120 basis points to 49.3% as higher manufacturing costs weighed on specialty formulations. Core Household, Cleaning and Pest control segment sales declined 2.5%, while Asia Pacific Multi-Use Product volumes dropped 3.1%, impacted by distributor destocking. Operating cash flow fell 9% year-over-year to $34 million, reflecting elevated working capital and SG&A spending on growth initiatives.