WD-40 Company Reports Q2 2026 Financial Results

WD-40 Company reported its second fiscal quarter 2026 financial results on April 9, 2026. Total net sales increased by 11% to $161.7 million, with maintenance product sales up 13% to $156.8 million. On a non-GAAP constant currency basis, total net sales increased by 4% and maintenance product sales increased by 6%. Gross margin improved to 55.6%. Diluted earnings per share (EPS) were $1.50, a decrease of 32% compared to the prior year quarter, primarily due to a one-time tax benefit in the prior year. Excluding this benefit, non-GAAP adjusted diluted EPS increased by 14%. The company reaffirmed its fiscal year 2026 guidance, projecting net sales growth between 5% and 9% and diluted EPS between $5.75 and $6.15. The company also announced a quarterly cash dividend of $1.02 per share and plans to fully utilize its remaining share repurchase authorization.