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SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ: WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today announced that Keith Stauffer will join the Company as vice president, global finance, effective Sept. 7, 2026. As previously announced, the Company's current chief financial officer, Sara Hyzer, will transition to the role of division president, A.
Key Takeaways ADM has a 0.62 beta, 52.2% expected earnings growth and a 2.56% dividend yield.WDFC has a 0.27 beta, 7.2% expected earnings growth and a 1.91% dividend yield.SYY has a 0.63 beta, 10.2% expected earnings growth and a 2.71% dividend yield. Oil prices are on the rise once again, as tensions between the United States and Iran escalated earlier this week. Consumer sentiment improved slightly in August but is still at historic lows as concerns grow over sky-high inflation and uncertainty over the situation in the Middle East.
Investors fear that a surge in oil prices could further see a jump in inflation, which could worsen the nation’s already shrinking economy.
We, thus, recommend buying three defensive stocks from the consumer staples sector, namely, Archer-Daniels-Midland Company (ADM - Free Report) , WD-40 Company (WDFC - Free Report) and Sysco Corporation (SYY - Free Report) .
Consumer Sentiment LowThe University of Michigan reported that its Consumer Sentiment Index came up with a final reading of 51.7 in August, slightly higher than the preliminary reading of 51. However, it was still down from July’s reading of 55.2 and a sharp 11% decline from the year-ago levels.
The survey showed that sentiment was low among both older consumers as well as new lower-and-middle income groups.
Higher oil prices since the beginning of the U.S.-Iran war in late February have kept inflation elevated. Inflation dropped slightly in June and July after oil prices eased. However, a further escalation in tensions in the Middle East has seen oil prices rising again.
With no signs of either of the warring nations trying to go for any negotiations, consumers feel oil prices could surge further and keep inflation elevated.
The latest consumer sentiment print comes days after a report from the Conference Board showed that consumer confidence dropped to 89.4 in August, the lowest level since January, from a downwardly revised 90.2 in the month earlier. The August reading was also sharply lower than the analysts’ expectations of a reading of 90.2.
The Federal Reserve is also contemplating a rate cut of 25 basis points this year but has so far adopted a wait-and-watch stance. A rate hike will lead to higher borrowing rates, which could further weigh on consumer spending. Low consumer sentiment can keep markets volatile for a longer period.
3 Low-Beta Consumer Staples Stocks With UpsideArcher-Daniels-Midland CompanyArcher-Daniels-Midland Company is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. ADM processes oilseeds, corn, wheat, cocoa and other feedstuffs. It also engages in the manufacturing, sale, and distribution of products like natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, as well as other specialty food and feed ingredients.
Archer-Daniels-Midland Company has an expected earnings growth rate of 52.2% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 8.5% over the last 60 days. Archer-Daniels-Midland Company has a beta of 0.62 and a current dividend yield of 2.56%. ADM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
WD-40 CompanyWD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world. EDFC offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid form under the WD-40 Multi-Use brand for various consumer uses; and specialty maintenance products that comprise penetrants, degreasers, corrosion inhibitors, lubricants, and rust removers under the WD-40 Specialist brand name.
WD-40 Company has an expected earnings growth rate of 7.2% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 4.2% over the last 60 days. WDFC carries a Zacks Rank #2. WD-40 Company has a beta of 0.27 and a current dividend yield of 1.91%.
Sysco CorporationSysco Corporation markets and distributes a range of food and related products primarily to the foodservice, or food-away-from-home, industry. SYY serves approximately 730,000 customer locations, including restaurants, health care and educational facilities, lodging establishments and other foodservice customers.
Sysco Corporation has an expected earnings growth rate of 10.2% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 2.4% over the last 60 days. SYY has a Zacks Rank #2. Sysco Corporation has a beta of 0.63 and a current dividend yield of 2.71%.
Freestone Grove Partners LP acquired a new stake in shares of WD-40 Company (NASDAQ:WDFC – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 2,340 shares of the specialty chemicals company’s stock, valued at approximately $570,000.
A number of other hedge funds also recently bought and sold shares of WDFC. Quarry LP grew its position in shares of WD-40 by 1,462.5% in the third quarter. Quarry LP now owns 125 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 117 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in WD-40 by 207.8% during the second quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock worth $36,000 after buying an additional 106 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in WD-40 by 400.0% during the third quarter. Brown Brothers Harriman & Co. now owns 215 shares of the specialty chemicals company’s stock worth $42,000 after buying an additional 172 shares in the last quarter. Parallel Advisors LLC lifted its position in WD-40 by 195.4% during the third quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock worth $51,000 after buying an additional 170 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in WD-40 by 243.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 278 shares of the specialty chemicals company’s stock worth $55,000 after buying an additional 197 shares during the last quarter. Institutional investors and hedge funds own 91.52% of the company’s stock.
Insider Activity In related news, insider Patricia Q. Olsem sold 200 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $234.72, for a total transaction of $46,944.00. Following the completion of the sale, the insider directly owned 4,574 shares of the company’s stock, valued at approximately $1,073,609.28. This trade represents a 4.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.78% of the company’s stock.
Wall Street Analysts Forecast Growth Several analysts have issued reports on WDFC shares. DA Davidson upped their target price on WD-40 from $270.00 to $305.00 and gave the company a “buy” rating in a report on Friday, July 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of WD-40 in a report on Friday, August 21st. Jefferies Financial Group reissued a “hold” rating on shares of WD-40 in a research report on Friday, July 10th. Zacks Research raised shares of WD-40 from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Finally, Northcoast Research upgraded shares of WD-40 to a “strong-buy” rating in a research report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $305.00. Get Our Latest Analysis on WD-40
WD-40 Stock Performance WDFC opened at $217.17 on Monday. The stock has a market capitalization of $2.91 billion, a PE ratio of 33.00 and a beta of 0.27. WD-40 Company has a one year low of $175.38 and a one year high of $298.90. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.95 and a current ratio of 2.65. The business’s 50 day moving average price is $234.94 and its 200 day moving average price is $224.28.
WD-40 (NASDAQ:WDFC – Get Free Report) last posted its earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.75. The company had revenue of $195.12 million during the quarter, compared to analysts’ expectations of $172.79 million. WD-40 had a return on equity of 33.53% and a net margin of 13.23%.The firm’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.54 earnings per share. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, equities research analysts expect that WD-40 Company will post 6.24 EPS for the current year.
WD-40 Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 17th were issued a dividend of $1.02 per share. The ex-dividend date was Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. WD-40’s dividend payout ratio is currently 62.01%.
About WD-40 (Free Report)
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
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Deutsche Bank AG acquired a new position in shares of WD-40 Company (NASDAQ:WDFC – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 22,346 shares of the specialty chemicals company’s stock, valued at approximately $5,444,000. Deutsche Bank AG owned approximately 0.17% of WD-40 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of WDFC. Quarry LP boosted its holdings in shares of WD-40 by 1,462.5% in the 3rd quarter. Quarry LP now owns 125 shares of the specialty chemicals company’s stock valued at $25,000 after buying an additional 117 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of WD-40 by 207.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company’s stock valued at $36,000 after buying an additional 106 shares during the last quarter. Brown Brothers Harriman & Co. raised its stake in WD-40 by 400.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 215 shares of the specialty chemicals company’s stock worth $42,000 after acquiring an additional 172 shares in the last quarter. Parallel Advisors LLC raised its stake in WD-40 by 195.4% during the 3rd quarter. Parallel Advisors LLC now owns 257 shares of the specialty chemicals company’s stock worth $51,000 after acquiring an additional 170 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in WD-40 by 243.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 278 shares of the specialty chemicals company’s stock valued at $55,000 after acquiring an additional 197 shares during the last quarter. Hedge funds and other institutional investors own 91.52% of the company’s stock.
Analyst Upgrades and Downgrades Several equities analysts have issued reports on the stock. Zacks Research upgraded shares of WD-40 from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. DA Davidson lifted their target price on WD-40 from $270.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Northcoast Research raised WD-40 to a “strong-buy” rating in a report on Wednesday, June 24th. Jefferies Financial Group reissued a “hold” rating on shares of WD-40 in a research report on Friday, July 10th. Finally, Weiss Ratings downgraded WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, WD-40 currently has a consensus rating of “Buy” and a consensus target price of $305.00.
View Our Latest Stock Analysis on WDFC Insider Transactions at WD-40 In other WD-40 news, insider Patricia Q. Olsem sold 300 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $233.73, for a total transaction of $70,119.00. Following the completion of the transaction, the insider owned 4,774 shares in the company, valued at approximately $1,115,827.02. This represents a 5.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.78% of the company’s stock.
WD-40 Price Performance Shares of WDFC opened at $215.89 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.95 and a current ratio of 2.65. WD-40 Company has a fifty-two week low of $175.38 and a fifty-two week high of $298.90. The firm has a 50-day simple moving average of $235.76 and a 200-day simple moving average of $225.02. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 32.81 and a beta of 0.27.
WD-40 (NASDAQ:WDFC – Get Free Report) last posted its quarterly earnings data on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.75. WD-40 had a return on equity of 33.53% and a net margin of 13.23%.The company had revenue of $195.12 million during the quarter, compared to analysts’ expectations of $172.79 million. During the same period last year, the firm earned $1.54 EPS. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. On average, equities research analysts anticipate that WD-40 Company will post 6.24 earnings per share for the current year.
WD-40 Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 17th were given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, July 17th. WD-40’s dividend payout ratio (DPR) is 62.01%.
WD-40 Company Profile (Free Report)
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
See Also Five stocks we like better than WD-40 Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding WDFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WD-40 Company (NASDAQ:WDFC – Free Report).
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BlackRock Inc. bought a new position in WD-40 Company (NASDAQ:WDFC – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,075,743 shares of the specialty chemicals company’s stock, valued at approximately $505,734,000. BlackRock Inc. owned about 15.47% of WD-40 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Covestor Ltd grew its stake in shares of WD-40 by 9.8% during the 4th quarter. Covestor Ltd now owns 549 shares of the specialty chemicals company’s stock worth $108,000 after acquiring an additional 49 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of WD-40 by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,050 shares of the specialty chemicals company’s stock worth $601,000 after purchasing an additional 50 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of WD-40 by 13.7% in the second quarter. Versant Capital Management Inc now owns 474 shares of the specialty chemicals company’s stock worth $115,000 after purchasing an additional 57 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of WD-40 by 3.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,829 shares of the specialty chemicals company’s stock valued at $360,000 after purchasing an additional 59 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of WD-40 by 2.5% in the first quarter. PNC Financial Services Group Inc. now owns 2,659 shares of the specialty chemicals company’s stock valued at $542,000 after purchasing an additional 66 shares during the period. 91.52% of the stock is currently owned by institutional investors.
Analyst Ratings Changes A number of analysts recently commented on the stock. DA Davidson upped their price target on shares of WD-40 from $270.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Northcoast Research raised shares of WD-40 to a “strong-buy” rating in a report on Wednesday, June 24th. Zacks Research raised shares of WD-40 from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Weiss Ratings downgraded WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of WD-40 in a report on Friday, July 10th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $305.00.
View Our Latest Research Report on WDFC Insider Buying and Selling In other WD-40 news, insider Patricia Q. Olsem sold 300 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $233.73, for a total value of $70,119.00. Following the completion of the transaction, the insider directly owned 4,774 shares of the company’s stock, valued at $1,115,827.02. This trade represents a 5.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.78% of the stock is currently owned by insiders.
WD-40 Trading Down 0.5% Shares of WDFC opened at $215.89 on Tuesday. The business’s 50-day moving average price is $235.76 and its 200-day moving average price is $225.02. WD-40 Company has a twelve month low of $175.38 and a twelve month high of $298.90. The stock has a market cap of $2.90 billion, a PE ratio of 32.81 and a beta of 0.27. The company has a quick ratio of 1.95, a current ratio of 2.65 and a debt-to-equity ratio of 0.31.
WD-40 (NASDAQ:WDFC – Get Free Report) last announced its quarterly earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.75. The firm had revenue of $195.12 million for the quarter, compared to the consensus estimate of $172.79 million. WD-40 had a net margin of 13.23% and a return on equity of 33.53%. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.54 earnings per share. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. On average, equities analysts forecast that WD-40 Company will post 6.24 EPS for the current fiscal year.
WD-40 Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 17th were issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, July 17th. WD-40’s dividend payout ratio (DPR) is presently 62.01%.
WD-40 Company Profile (Free Report)
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
Recommended Stories Five stocks we like better than WD-40 Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding WDFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WD-40 Company (NASDAQ:WDFC – Free Report).
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Why WD-40 Is Proving Great Businesses Never Go Out of StyleWD-40 NASDAQ: WDFC outlined its long-term growth strategy, supply-chain approach and capital-allocation priorities during a Water Tower Research fireside chat, with management emphasizing international expansion, premium product formats, digital capabilities and specialist maintenance products.
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President and CEO Steve Brass said the company’s long-term growth algorithm targets mid- to high-single-digit maintenance product sales growth, gross margin above 55%, and EBITDA growth that exceeds sales growth. The strategy is organized around four “must-win battles,” including expanding WD-40 Multi-Use Product geographically, premiumizing its product mix, growing the WD-40 Specialist line and expanding digital capabilities.
International Markets Drive Expansion Opportunity WD-40 Company Justifies Sell-Side Support With Q2 ResultsBrass said the United States provides a stable base for global expansion, representing about 35% of global sales. The company’s U.S. maintenance-products business has posted a compound annual growth rate of roughly 6% to 7% over the past five years, he said, while U.S. sales increased by approximately $55 million over that period.
International markets account for about 65% of the business, and the WD-40 brand is available in 176 countries and territories, according to Brass. The company is focused on its top 20 global growth opportunities.
WD-40 Stock Sank After Earnings—Here Are 5 Reasons Bulls Aren’t WorriedLatin America has approximately tripled over the past five to six years, Brass said. Meanwhile, the company’s direct European markets—including the U.K., France, Germany, Spain and Italy—generate about 30% of total business and have delivered single-digit to high-single-digit growth, with occasional double-digit gains.
China is WD-40’s largest growth opportunity and its third-largest market globally after the U.S. and France, Brass said. The company operates a direct China business with about 60 employees and is generating double-digit growth there. India is the company’s second-largest opportunity, with sales growth above 20% through its partnership with local company Pidilite. India is already WD-40’s second-largest market by unit volume, Brass said.
Premium Formats and Specialist Products CFO Sara Hyzer said premiumization centers on improving the end-user experience through formats such as the WD-40 Smart Straw and EZ-REACH products. Smart Straw addresses the issue of users losing the straw included with the classic can, while EZ-REACH includes a flexible straw intended to help users access difficult-to-reach areas.
Sales of the two premium formats combined rose 19% year to date and represented about 50% of WD-40 Multi-Use Product sales, Hyzer said. By unit volume, premium formats accounted for about 40% of global Multi-Use Product sales, leaving what management views as a significant runway for further adoption.
Premium formats account for roughly 80% of sales in developed markets such as the U.S., compared with low-single-digit penetration in some emerging markets. Hyzer said WD-40 is nearing the availability of manufacturing capacity in China that would allow it to introduce Smart Straw products in China and Asian distributor markets.
Smart Straw sells at about a 30% uplift to the classic can. EZ-REACH sells at about a 45% uplift to the classic can. The company targets 10% annual growth for the premium formats. Brass said the WD-40 Specialist line, which includes products such as high-performance penetrants, high-temperature lubricants, silicone sprays and cleaners and degreasers, is the company’s fastest-growing range. The sub-brand has grown at a compound annual rate of about 14%, he said.
The company sees an identified growth opportunity of around $600 million for Specialist products. Brass said about 90% of Specialist sales currently come from 10 countries, creating an opportunity to expand the line into additional markets where the core WD-40 brand is already established.
Digital Growth, Margins and Supply Chain Hyzer described digital as an accelerant for the company’s broader strategy rather than a standalone channel effort. E-commerce remains less than 10% of sales but is WD-40’s fastest-growing channel, with year-to-date e-commerce sales up 22%, led by the U.S. and China.
The company sells entirely through retail, online pure-play and omnichannel partners rather than directly to consumers. Hyzer said WD-40 is investing in product content, search, availability, ratings and reviews, while also using social media, influencers, video and digital education to explain product uses and premium-format benefits.
On costs, Hyzer said roughly 30% to 35% of the cost of a WD-40 can is subject to monthly spot-price volatility, primarily related to specialty chemicals such as solvents and base oils. Tinplate cans and manufacturing fees are generally governed by longer-term contracts.
The company expects some near-term gross-margin pressure from input costs and included a full-year gross-margin expectation of 54.5% to 55.5% in its recent guidance. WD-40 has taken price actions in Europe and Asia and is evaluating whether further actions are needed, Hyzer said.
Brass said WD-40 uses a decentralized supply chain with approximately 20 external manufacturing partners globally. The company is opening manufacturing in Thailand to add capacity in Asia-Pacific, where it already manufactures in China and Australia. Management said localized production helps provide flexibility and mitigate tariff exposure.
Capital Returns and CFO Transition Hyzer said the company’s first capital-allocation priority is reinvesting in brands, people, digital capabilities, supply-chain resilience and productivity. Capital expenditures are targeted at approximately 1% to 2% of net sales due to the company’s outsourced manufacturing and distribution model.
WD-40 has paid dividends without interruption for more than 40 years, Hyzer said, and targets annual dividends of about 50% of net income. The company also uses share repurchases, spending $22.5 million on buybacks through the third quarter. Its board recently authorized a new share-repurchase plan of up to $100 million beginning next fiscal year.
Brass also said Hyzer is expected to transition from CFO to president of the Americas, a region representing about 45% of global revenue. The company is conducting an external search for an experienced public-company CFO, with Hyzer expected to leave the CFO role around early November and a successor hoped to begin at that time.
About WD-40 (NASDAQ:WDFC)WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today announced that Steve Brass, president and chief executive officer, and Sara Hyzer, vice president, finance and chief financial officer, will participate in the Water Tower Research Fireside Chat Series, on Wednesday, August 19, 2026 at 8:00 a.m. PDT.
Shares of WD-40 Company (NASDAQ:WDFC – Get Free Report) have earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $305.00.
Several research analysts have weighed in on the stock. Zacks Research upgraded shares of WD-40 from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. DA Davidson boosted their price target on WD-40 from $270.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Jefferies Financial Group restated a “hold” rating on shares of WD-40 in a report on Friday, July 10th. Weiss Ratings downgraded WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. Finally, Northcoast Research raised WD-40 to a “strong-buy” rating in a report on Wednesday, June 24th.
Read Our Latest Stock Report on WD-40
Institutional Inflows and Outflows Several institutional investors have recently added to or reduced their stakes in WDFC. BlackRock Inc. purchased a new position in WD-40 during the second quarter worth approximately $505,734,000. Vanguard Group Inc. lifted its holdings in shares of WD-40 by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 1,650,622 shares of the specialty chemicals company’s stock valued at $325,007,000 after acquiring an additional 47,528 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of WD-40 by 6.4% in the third quarter. Alliancebernstein L.P. now owns 533,738 shares of the specialty chemicals company’s stock worth $105,467,000 after buying an additional 32,333 shares during the period. First Trust Advisors LP grew its stake in shares of WD-40 by 41.9% in the first quarter. First Trust Advisors LP now owns 411,312 shares of the specialty chemicals company’s stock valued at $83,883,000 after buying an additional 121,358 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in WD-40 by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 405,117 shares of the specialty chemicals company’s stock valued at $79,778,000 after acquiring an additional 2,072 shares in the last quarter. Institutional investors and hedge funds own 91.52% of the company’s stock.
WD-40 Stock Performance Shares of WDFC opened at $234.93 on Monday. The company has a quick ratio of 1.95, a current ratio of 2.65 and a debt-to-equity ratio of 0.31. WD-40 has a 52-week low of $175.38 and a 52-week high of $298.90. The stock has a 50 day moving average price of $232.36 and a 200 day moving average price of $224.62. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 35.70 and a beta of 0.27.
WD-40 (NASDAQ:WDFC – Get Free Report) last issued its quarterly earnings data on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.75. WD-40 had a return on equity of 33.53% and a net margin of 13.23%.The company had revenue of $195.12 million during the quarter, compared to analysts’ expectations of $172.79 million. During the same quarter in the previous year, the business earned $1.54 earnings per share. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. Research analysts predict that WD-40 will post 6.24 EPS for the current fiscal year.
WD-40 Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 17th were paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, July 17th. WD-40’s payout ratio is 62.01%.
WD-40 Company Profile (Get Free Report)
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
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California State Teachers Retirement System increased its position in shares of WD-40 Company (NASDAQ:WDFC – Free Report) by 31.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,775 shares of the specialty chemicals company’s stock after purchasing an additional 3,979 shares during the quarter. California State Teachers Retirement System owned 0.12% of WD-40 worth $3,421,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in WD-40 by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 1,650,622 shares of the specialty chemicals company’s stock valued at $325,007,000 after acquiring an additional 47,528 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of WD-40 by 6.4% during the 3rd quarter. Alliancebernstein L.P. now owns 533,738 shares of the specialty chemicals company’s stock worth $105,467,000 after buying an additional 32,333 shares during the last quarter. First Trust Advisors LP lifted its position in shares of WD-40 by 41.9% during the 1st quarter. First Trust Advisors LP now owns 411,312 shares of the specialty chemicals company’s stock worth $83,883,000 after buying an additional 121,358 shares during the last quarter. Geode Capital Management LLC boosted its stake in WD-40 by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 405,117 shares of the specialty chemicals company’s stock valued at $79,778,000 after buying an additional 2,072 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in WD-40 by 24.4% in the second quarter. Ameriprise Financial Inc. now owns 333,505 shares of the specialty chemicals company’s stock valued at $76,069,000 after buying an additional 65,423 shares in the last quarter. 91.52% of the stock is currently owned by institutional investors and hedge funds.
WD-40 Stock Up 1.6% NASDAQ:WDFC opened at $234.93 on Friday. WD-40 Company has a one year low of $175.38 and a one year high of $298.90. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.65 and a quick ratio of 1.95. The company has a market cap of $3.15 billion, a PE ratio of 35.70 and a beta of 0.27. The firm’s 50 day simple moving average is $232.36 and its 200 day simple moving average is $224.48.
WD-40 (NASDAQ:WDFC – Get Free Report) last announced its quarterly earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.75. The firm had revenue of $195.12 million during the quarter, compared to analysts’ expectations of $172.79 million. WD-40 had a net margin of 13.23% and a return on equity of 33.53%. The company’s revenue was up 24.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.54 EPS. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. On average, research analysts anticipate that WD-40 Company will post 6.24 earnings per share for the current year.
WD-40 Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 17th were issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Friday, July 17th. WD-40’s dividend payout ratio is presently 62.01%.
Analysts Set New Price Targets A number of equities research analysts have recently weighed in on WDFC shares. Jefferies Financial Group restated a “hold” rating on shares of WD-40 in a research note on Friday, July 10th. DA Davidson increased their price objective on shares of WD-40 from $270.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Zacks Research upgraded shares of WD-40 from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. Weiss Ratings downgraded shares of WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Finally, Northcoast Research upgraded WD-40 to a “strong-buy” rating in a research report on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $305.00.
View Our Latest Stock Analysis on WD-40
About WD-40 (Free Report)
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
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July 23, 2026, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on WD-40 Company (NASDAQ: WDFC) titled, “Clear Growth Strategy, But Input Cost Spike to Affect Gross Margin”. The report can be accessed here. WD-40 is a best-in-class global organization that markets multi-purpose maintenance products under brands including WD-40 and 3-IN-ONE. The “juice” in the can has a trade secret formulation and the brand's blue-and-yellow “shield” represents a valuable brand equity. WD-40 is memorable, easily recognizable, and known for its superior quality and reliability.
You reach for the blue-and-yellow can because you know it works. It’s the sound of a stuck door finally swinging open. For decades, WD-40 (WDFC 2.95%) has turned a single chemical formulation into a global default, yet the company is no longer just a household novelty. It has evolved into a disciplined, focused maintenance-products operator, trading at $248.73 per share as of July 17, 2026, reflecting a 13% return over the past year.
Our proprietary Hidden Gems scoring system assigns WD-40 an overall Superscore of 79 out of 100, placing it in the Strong category.
The Superscore is an AI-powered score that evaluates a company's overall strength by combining financial performance, product market position, technological capabilities, leadership quality, and relative valuation. It represents the unification of all our scores into a single score for public companies, with five rating bands: Exceptional (90-100), Strong (75-89), Above Average (60-74), Average (40-59), and Cautious (0-39).
Why WD-40 Has a 79 SuperscoreMaintenance product dominance: 97% of total net sales in Q3 2026 came from its maintenance portfolio, proving that the company successfully concentrated its resources on its highest-value business segment.Robust margin expansion: The company reported a gross margin of 56.6% in Q3 2026, reflecting the operational benefits of its shift toward premium maintenance products and away from lower-margin homecare assets.Disciplined strategic pivot: Management divested non-core EIMEA homecare assets to sharpen focus on high-margin growth, a move that directly contributed to a 24% year-over-year revenue increase in Q3 2026.Protected product moat: The company relies on trade secret protections for its flagship formulation, creating a durable competitive barrier that standard patent law cannot replicate.Strong earnings momentum: Non-GAAP adjusted diluted EPS grew 51% year over year in Q3 2026, confirming that management’s focus on the maintenance niche is driving significant bottom-line leverage.Why Is WD-40's Superscore Not Higher?Stretched valuation: The stock trades at a trailing P/E of 37.7, a multiple that assumes significant future growth, leaving the stock vulnerable if quarterly results deviate from high expectations.Input cost sensitivity: The company faces persistent pressure from volatile raw material and commodity prices, which can compress gross margins even if sales volumes remain steady.Growth reliance: Because the company has pruned its portfolio, it must consistently deliver organic volume growth in its core maintenance line to justify its current market valuation.Hidden Gems Database Scores at a GlanceScoreScore (out of 100)Supporting Data PointProduct (1Y)86Divestiture of non-core homecare assets and focus on high-margin maintenance products has driven immediate, outsized profitability.Product (5Y)78Consistent 6.2% revenue CAGR from 2021 to 2025 demonstrates long-term brand durability and steady geographic expansion.Financial (1Y)78The company maintained a strong gross margin of 56.6% in Q3 2026, indicating successful pricing power.Financial (5Y)78Disciplined capital allocation has kept debt-to-equity ratios low, with consistent return on invested capital reaching 24.7% in 2025.Leaders80Management provides data-dense, transparent communication and clear guidance, successfully managing market expectations through strategic pivot announcements.AI18The business model relies on physical goods and traditional distribution, offering no proprietary digital leverage in an agentic, data-driven economy.Valuation Risk52The stock trades at a trailing P/E of 37.35, which is high compared to broader consumer staples sector benchmarks.Who Should Buy WD-40 Stock Now?You should consider investing if...
You seek a durable compounder with a defensive brand, though investors looking for steady exposure to the broader materials sector might also consider alternatives like materials sector stocks for portfolio balance.You value companies that prioritize shareholder returns through consistent dividend payments and disciplined share repurchases.You may want to avoid this stock if...
You are uncomfortable with a premium valuation, as the current trailing P/E of 37.7 leaves little margin for operational error.You are sensitive to cyclical volatility in commodity costs, which can periodically pressure margins despite the company’s strong brand position.The Superscore provides a data-driven foundation for your research, but you should always weigh these metrics against your personal risk tolerance and financial goals before deciding to invest.
My 5-year prediction for WD-40 stockThe blue-and-yellow can has been fixing squeaky hinges since 1953. It will probably still be fixing them in 2031. The question is whether shareholders will have much to show for it.
The company's financial efficiency is genuinely impressive: a 33% return on invested capital, 55% gross margins, and a conservative balance sheet with a debt-to-equity ratio of 0.41. These are the hallmarks of a well-run business. But operational excellence alone does not guarantee stock appreciation.
WD-40 has trailed the S&P 500 over the past five years, and the setup for the next five looks... familiar. Analysts expect earnings to dip this year before resuming long-term growth in the low single digits.
Two structural headwinds deserve attention. First, WD-40 operates in a commoditized category where store-brand alternatives and specialized competitors crowd the same shelf space. Brand loyalty matters, but side-by-side performance tests reveal that many lubricants deliver similar results at lower prices. Second, the electric vehicle transition poses a long-term demand question. Fewer drivetrains, transmissions, and mechanical linkages mean fewer squeaky parts to silence in WD-40’s a key target market.
Five years from now, WD-40 will likely still be profitable, still paying dividends, and still occupying garage shelves worldwide. The stock? Probably trading in a range that looks a lot like today, give or take some multiple compression.
If you need a door unstuck in 2031, you know where to reach. If you need an exciting growth stock or an undervalued wealth preserver, you should look elsewhere.
The Hidden Gems Superscore reflects The Motley Fool's proprietary AI-driven evaluation of a company across product, financial, leadership, and valuation pillars as of the article date and may change over time. Performance figures are point-in-time. Past performance does not guarantee future results.
Here are two stocks with buy rank and strong income characteristics for investors to consider today, July 15:
WD-40 Company (WDFC - Free Report) : This manufacturer of maintenance, cleaning, and homecare products, selling globally through retail, industrial, and online channels has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.6%, compared with the industry average of 0.0%.
Virtu Financial, Inc. (VIRT - Free Report) : This financial services company has witnessed the Zacks Consensus Estimate for its next year earnings increasing 9% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.5%, compared with the industry average of 0.0%.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Find more top income stocks with some of our great premium screens.
WD-40 Company NASDAQ: WDFC has long been considered a quality investment due to its global branding power, cash flow, and capacity for capital returns. The company has a tremendous moat, claims near-100% global brand recognition, and has no competitors of merit.
WD-40 Today
$264.91 +25.49 (+10.65%)
As of 07/10/2026 04:00 PM Eastern
52-Week Range$175.38▼
$298.90Dividend Yield1.54%
P/E Ratio45.05
Price Target$305.00
The problem over the last few years has been positioning. The company’s fragmented portfolio and loss of focus led to stagnant growth in the post-COVID era and an eventual repositioning effort.
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Today, WD-40 has emerged as a global maintenance powerhouse, focused on premiumization, international markets, and effective cost controls. There is risk in its above-average valuation, but its premium price is well deserved.
The asset-light model utilizes 3rd-party manufacturers and distributors, insulating it from risks, and produces high-margin results.
The strength of its model is reflected in the stock beta, which tends to run low, about 0.25x the S&P 500 as of mid-2026, revealing a low-volatility stock insulated from broad market risk.
WD-40 Company Tailwinds Strengthened in Fiscal Q3WD-40 Company had a robust fiscal Q3, with revenue growing 24% to over $195 million, nearly 1,300 basis points (bps) above MarketBeat’s reported consensus. Strength was driven by all regions and most categories, with the harvest brands the only one to decline.
The harvest brands are the company’s smallest segment, long in decline, but still a high-margin business, which is likely to remain in WD-40 Company's portfolio for the foreseeable future. Double-digit growth was seen across all geographic regions, led by 29% growth in the Americas and 24% in Asia, with strength across product lines. The critical factor was strength in the premium product lines, which draw higher margins.
Margin news was a catalyst for higher share prices. The company experienced higher input costs and increased marketing, and saw its SG&A grow as a percentage of revenue, but these negative impacts were offset by the leverage of scale and efficiency improvements, leaving gross and operating margins up on a year over year (YOY) basis. The takeaway is that a net margin of 15.5% is solid for a business of this nature, and net income grew by 44%, outpacing the 24% top-line gain.
Guidance was another catalyst, as management aggressively increased its outlook. While the revenue forecast aligned with the consensus estimate, earnings were far superior. The $6.05 low-end was more than a nickel above expectations and potentially cautious, given the trends.
Input costs are impacting the business today, but pricing actions are already in place that are expected to bear fruit early next year. There is a risk of consumer pushback, but it is minimal. Consumers are less sensitive to pricing increases than they might be because each can last for so long.
WD-40 Company Signals Confidence With Guidance Increase WD-40 Dividend PaymentsDividend Yield1.54%
Annual Dividend$4.08
Dividend Increase Track Record17 Years
Annualized 5-Year Dividend Growth7.15%
Dividend Payout Ratio69.39%
Upcoming Ex-Dividend DateJul. 17
WDFC Dividend History
WD-40 Company is a healthy capital return machine, and it signaled confidence in its outlook with a fresh $100 million share buyback authorization. Buyback activity in 2026 resulted in a 0.6% average quarterly decline, 0.4% year-to-date, a pace that will likely continue in upcoming quarters. The share count is consistently reduced, providing shareholders with improved leverage and offsetting the impact of distribution increases on cash flow.
WD-40’s dividend yield isn’t high, at about 1.7%, but it is a healthy payout, better than the S&P 500 average, and is on track for annual distribution increases. The lower yield is due in part to the firm's valuation, which is in turn driven by the payout quality.
The payout ratio is high at face value but backed up by high margins, a fortress balance sheet, and unimpeded cash flow that points to sustainability, if nothing else. The likely outcome is that WDFC sustains its modest pace of distribution growth well into the future, reaching Dividend Champion and Dividend King status over time.
Seismic Shift in WDFC Stock Price ActionThe fiscal Q3 release and guidance update triggered a seismic shift in the WDFC market. Up nearly 15% in pre-market trading, WDFC opened at a multi-year high the day after the release.
Buyers are centered in the institutional group, which has been accumulating at an aggressive $ 2-to-$1 pace over the trailing 12-month period. They own more than 90% of the stock and reflect a high degree of confidence in the cash flow and capital return outlook.
Analysts' coverage is equally bullish. MarketBeat tracks only four with current ratings, but the consensus is Buy, the Buy-side bias is 75%, and no Sell ratings are logged. More importantly, consensus price target in play is $305, still presenting upside even to the premarket price spike in WDFC shares. The likely outcome is that analyst sentiment firms up, cementing price action at current or even higher levels. With growth, outperformance, and capital return strength in place, price targets will rise over time, reinforcing the uptrend driven by corporate growth and capital returns.
Should You Invest $1,000 in WD-40 Right Now?Before you consider WD-40, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WD-40 wasn't on the list.
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Shares of WD-40 (WDFC +10.16%) spiked on Friday after the household and industrial products maker delivered profits that handily exceeded investors' expectations.
Image source: Getty Images.
Strong revenue and earnings growth WD-40's net sales jumped 24% to $195 million in its fiscal 2026 third quarter, which ended on May 31.
The gains were broad-based. Sales in the company's Americas, Asia-Pacific, and EIMEA (Europe, India, Middle East, and Africa) segments rose 29%, 24%, and 17%, respectively.
Management credited expanded distribution, e-commerce growth, and a strong customer response to its promotions as key drivers of sales.
Today's Change
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Higher sales of premium versions of its WD-40 products also helped to boost the company's profit margins.
Gross margin improved to 56.6% from 56.2% in the year-ago quarter. That, combined with other scale benefits, contributed to a 47% surge in WD-40's operating income to $40.3 million.
All told, WD-40's adjusted net income soared 50% to $31.5 million, or $2.33 per share. That was well above Wall Street's estimates, which had called for per-share profits of $1.56.
Raised outlook These solid results, along with the company's decision to no longer pursue a sale of its Americas home care and cleaning brands, prompted management to raise its full-year guidance.
Management now sees net sales growing by 10%-12% to between $675 million and $690 million, with adjusted earnings per share rising by 6%-11% to $6.05-$6.35.
Looking further ahead, WD-40's impressive profitability, global growth, and well-covered 1.5% dividend should all support additional long-term gains for investors.
On July 10, 2026, WD-40 Co (WDFC) shares rose by 10.7% to a current price of $264.91. This increase comes as part of a strong performance trend, with the shares
Stocks are pointing to a mixed open ahead of the week's final session as investors await the U.S. trading debut of one of the world's biggest memory chip makers; South Korea's SK Hynix raised $26.5 billion in its offering, the largest-ever foreign stock listing on a U.S. exchange; Delta Air Lines reported strong earnings despite a massive fuel bill in the second quarter; shares of WD-40 are surging after the company reported better-than-expected quarterly results; and the European Commission has alleged that Meta made “addictive” products in Facebook and Instagram that may have harmed users. Here's what you need to know today.
WD-40 stock jumped 15% ahead of the open Friday after its earnings highlighted the old-fashioned value in having a good product and knowing how to sell it
WD-40 (WDFC - Free Report) came out with quarterly earnings of $2.33 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +47.47%. A quarter ago, it was expected that this maintenance and cleaning product company would post earnings of $1.39 per share when it actually produced earnings of $1.5, delivering a surprise of +7.91%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
WD-40, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $195.12 million for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 13.57%. This compares to year-ago revenues of $156.91 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
WD-40 shares have added about 25.2% since the beginning of the year versus the S&P 500's gain of 9.3%.
What's Next for WD-40?While WD-40 has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for WD-40 was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.62 on $173.1 million in revenues for the coming quarter and $5.99 on $655 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Newell Brands (NWL - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.
This consumer products company is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of -20.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Newell Brands' revenues are expected to be $1.96 billion, up 1.5% from the year-ago quarter.
WD-40 Company Justifies Sell-Side Support With Q2 ResultsWD-40 NASDAQ: WDFC reported a sharp increase in fiscal third-quarter sales and profit, with management citing broad-based gains across regions, strong growth in maintenance products and benefits from operating leverage, while also warning that higher input costs are expected to pressure gross margin in the near term.
President and Chief Executive Officer Steve Brass said consolidated net sales for the quarter ended May 31, 2026, rose 24% year over year to $195.1 million. Maintenance products, which represented 97% of total net sales, increased 26% to $189.7 million, or 22% on a constant-currency basis, setting a company record.
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WD-40 Stock Sank After Earnings—Here Are 5 Reasons Bulls Aren’t Worried“We’re encouraged by this momentum and remain focused on the levers within our control,” Brass said. He added that the company expects some temporary gross margin pressure from external cost factors, but said WD-40 has taken actions intended to support recovery over time.
Sales rise across all regions In the Americas, sales increased 29% to $101.2 million, driven by a 31% increase in maintenance products to $98.3 million. Brass said growth was led primarily by WD-40 Multi-Use Product in the U.S. and Latin America, where sales increased by $17.2 million and $2.6 million, respectively.
WD-40 Company Gears Up for a Double-Digit Stock AdvanceU.S. growth reflected expanded distribution, e-commerce strength and promotional activity, including a limited-edition can collaboration with Disney Entertainment and The Home Depot. During the question-and-answer portion of the call, Brass said the “King of the Hill” promotion with Disney and The Home Depot was one of the largest in the company’s history and was driving “really strong incremental sales,” with about 75% of sales considered incremental after one month.
Sales in EMEA increased 17% to $66.6 million, or 10% on a constant-currency basis. Brass cited higher sales volume in both direct and distributor markets, favorable foreign exchange rates, strong performance in Iberia and DACH, and a rebound in distributor markets including Saudi Arabia and the United Arab Emirates. He also said the region benefited from some advance buying tied to Middle East uncertainty and price increases that took effect in early fiscal fourth quarter.
Asia-Pacific sales rose 24% to $27.3 million, or 18% on a constant-currency basis. Growth was led by China and Asia distributor markets, supported by promotional activity, online influencers, expanded distribution and some advance buying ahead of planned price increases.
Maintenance products and Specialist line gain traction Brass said WD-40’s strategic “Must Win Battles” continued to show progress. Year-to-date sales of WD-40 Multi-Use Product increased 13% to $398 million, with growth of 20% in the U.S., 21% in China and 27% in Iberia.
The company also reported strong growth in premiumized products. Year-to-date sales of WD-40 Smart Straw and WD-40 EZ-REACH rose 19%, and the two formats now represent approximately 50% of WD-40 Multi-Use Product sales.
WD-40 Specialist sales increased 22% year to date to $72.9 million. Brass said the company remains in the early stages of expanding that line, noting that 90% of WD-40 Specialist sales currently come from 10 markets. In the third quarter, the company launched its first bio-based lubricant across several European markets and said early results were encouraging.
In response to an analyst question, Brass said Specialist growth was strong across regions, including China, the U.S. and Europe. He said six products account for about 80% of sales in the Specialist range, and that disciplined execution around the best-selling items has helped drive growth.
Margins hold in Q3, but cost pressure expected Vice President and Chief Financial Officer Sara Hyzer said third-quarter gross margin was 56.6%, up 40 basis points from a year earlier. The increase was driven by lower aerosol can and fill fees, favorable sales mix and other mix benefits, partly offset by higher input costs.
Hyzer said the company entered the quarter with enough inventory to sustain margins, but expects recent cost increases to flow through production and inventory cycles over the next several months. She said WD-40 has implemented pricing and cost-saving initiatives across many regions, with most of the benefit expected in fiscal 2027.
Operating income increased 47% to $40.3 million. On a constant-currency basis, operating income rose 42%. Hyzer said the gap between sales growth and operating income growth demonstrated the leverage in the company’s business model. Adjusted EBITDA margin increased to 23% from 20% a year earlier.
On a non-GAAP basis, net income was $31.5 million, up 50% from the prior-year quarter. Non-GAAP diluted earnings per share were $2.33, compared with $1.54 a year earlier.
Home Care and Cleaning brands retained for now Hyzer said WD-40 is no longer actively marketing its Americas Home Care and Cleaning brands for sale after determining that the current macro environment was not conducive to divesting the brands as a bundle. The assets have been reclassified as held for use.
The company continues to view the Home Care and Cleaning brands as non-core and will manage them as “harvest brands,” expecting gradual top-line decline while generating returns. Hyzer said the Americas household brands represent about $12 million in annual sales, or less than 2% of global revenue.
WD-40 also plans to transition away from its long-standing 55/30/25 business model after fiscal 2026. Hyzer introduced a new “enduring business model” focused on mid-to-high single-digit maintenance product sales growth, gross margin above 55%, adjusted EBITDA growing faster than net sales and an asset-light structure requiring minimal capital investment.
Company narrows fiscal 2026 outlook WD-40 updated its fiscal 2026 guidance to include the Home Care and Cleaning assets and narrowed its expected ranges. The company now expects constant-currency net sales of $652 million to $667 million, representing growth of 6% to 9% versus pro forma fiscal 2025 net sales of $614 million. Reported net sales are expected to be $675 million to $690 million, representing growth of 10% to 12%.
Gross margin is expected to range from 54.5% to 55.5%. Hyzer said the updated outlook includes a 40-basis-point adjustment from the reclassification of the Home Care and Cleaning brands and an additional 60 basis points from higher-than-expected cost increases.
The company expects non-GAAP operating income of $107 million to $113 million and non-GAAP diluted earnings per share of $6.05 to $6.35, based on an estimated 13.5 million weighted average shares outstanding.
Hyzer said the fourth quarter outlook was affected by timing, as some demand shifted into the third quarter due to advance buying. She said the fourth quarter is still expected to be the company’s second-strongest quarter of the year.
Management also addressed pricing during the call. Brass said price increases have been implemented across Asia-Pacific and Europe, generally in the mid-to-high single-digit range, with larger increases on some bulk products. He said the price increases were smaller than those taken during the prior cost spike cycle and have been adopted with less pushback.
WD-40’s board also authorized a new share repurchase program of up to $100 million on June 15, 2026. The program has no expiration date, and repurchase timing and amounts will depend on market conditions and other factors.
About WD-40 NASDAQ: WDFCWD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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WD-40 Company (WDFC) Q3 2026 Earnings Call July 9, 2026 5:00 PM EDT
Company Participants
Wendy Kelley - Director of Investor Relations & Corporate Communications
Steven Brass - CEO, President & Director
Sara Hyzer - CFO, VP of Finance & Treasurer
Conference Call Participants
Aaron Reed - Northcoast Research Partners, LLC
Michael Baker - D.A. Davidson & Co., Research Division
David Shakno - William Blair & Company L.L.C., Research Division
Daniel Rizzo - Jefferies LLC, Research Division
Linda Weiser - Water Tower Research LLC
Presentation
Operator
Good day, and welcome to WD-40 Company's Third Quarter Fiscal Year 2026 Earnings Conference Call. Today's call is being recorded. [Operator Instructions]
I will now turn the call over to Wendy Kelley, Vice President, Stakeholder and Investor Engagement. Please go ahead.
Wendy Kelley
Director of Investor Relations & Corporate Communications
Thank you, and good afternoon. Thank you for joining us today. On our call today are WD-40 Company's President and Chief Executive Officer, Steve Brass; and Vice President and Chief Financial Officer, Sara Hyzer.
In addition to today's discussion, we encourage investors to review our earnings presentation, press release and Form 10-Q for the period ending May 31, 2026, available on our Investor Relations website at investor.wd40company.com. A replay and transcript of today's call will also be posted shortly. We will discuss certain non-GAAP measures today. Reconciliations to GAAP results are available in our SEC filings and earnings materials. Today's call also includes forward-looking statements. Actual results may differ materially. Please refer to the risk factors in our SEC filings for more information. Finally, please note that all information presented is current as of July 9, 2026, and we undertake no obligation to update forward-looking statements.
With that, I'll turn the call over to Steve.
Steven Brass
CEO, President & Director
Thanks, Wendy, and thanks to everyone for joining us
SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today reported financial results for its third fiscal quarter ended May 31, 2026. Third Quarter Highlights and Summary: Total net sales were $195.1 million, an increase of 24 percent compared to the prior year fiscal quarter. Translation of the Company's.
The WD-40 Brand Repair Challenge is back, celebrating creativity, craftsmanship and the power of a repair
CORRECTION…by WD-40 Company
SAN DIEGO--(BUSINESS WIRE)--Headline of release dated June 15, 2026, should read: WD-40® Brand Invites DIYers and Pros to Enter the 2026 Repair Challenge (instead of WD-40® Brand Invites DIYers and Pros to Repair, Not Replace in 2026).
The updated release reads:
WD-40® BRAND INVITES DIYERS AND PROS TO ENTER THE 2026 REPAIR CHALLENGE
The WD-40 Brand Repair Challenge is back, celebrating creativity, craftsmanship and the power of a repair
After inspiring hundreds of doers, makers and fixers to repair the items they rely on every day, WD-40® Brand is bringing back its Repair Challenge – an open invitation for DIY enthusiasts and skilled professionals to demonstrate that choosing repair over replacement is achievable, powerful and creates a lasting impact.
Now through Aug. 15, participants are encouraged to submit their most impressive repair for a chance to win a $5,000 grand prize. Whether it’s well-worn gear, trusted tools, broken down bikes, old cars, or everyday fixes, all repair projects are welcome.
“Every repair tells a story. Some are quick fixes, but others take real ingenuity, creativity and grit. This challenge is designed to celebrate the people who keep things working longer while highlighting the economic and environmental benefits of repair in today’s throwaway culture,” said Felicia Reno, U.S. brand director at WD-40 Company.
The grand prize winner will receive $5,000, with second place winner receiving $3,500 and third place winner receiving $2,000. Participants will also have the chance to win a $100 Lowe’s® gift card through weekly sweepstakes. Additional prizes will be awarded to:
Four fourth-place winners: $500 Lowe’s gift card. Three fifth-place winners: $250 Lowe’s gift card. Thirteen sixth-place winners: Exclusive WD-40 Brand Carhartt® tool bags. The contest is open to U.S. residents from June 1 at 12 a.m. PT through Aug. 14, at 11:59 p.m. PT. Entries can be submitted at repair.wd40.com. No purchase necessary, subject to official rules.
About WD-40® Brand
WD-40 Brand offers more than 30 innovative, quality products to get the Job Done Right®. The same spirit of innovation for solving the toughest challenges, which led to the creation of the Classic WD-40® Multi-Use Product, also drove the brand to grow its family of offerings to include the WD-40 Specialist® line – best-in-class products that deliver superior performance for industry professionals. WD-40 Specialist products provide specialized, heavy-duty solutions in factories, facilities, automotive garages, and on farms around the world. The line consists of lubricants, penetrants, cleaners and degreasers, and rust-management solutions scientifically designed for the world’s toughest jobs. For additional information about WD-40 Brand products, please visit wd40.com.
Carhartt® is a registered trademark of Carhartt, Inc.
Lowe’s® is a registered trademark of Lowe’s Companies, Inc.
SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Monday, June 15, 2026, a quarterly dividend of $1.02 per share, payable July 31, 2026, to stockholders of record at the close of business on July 17, 2026.
The Company also announced that it has scheduled its third quarter 2026 earnings conference call for Thursday, July 9, 2026, at 2:00 p.m. PDT. On this call, management will discuss financial results, business developments, and other matters affecting the Company. Other forward-looking or material information may also be discussed.
A live webcast of the earnings conference call will be available on the Company’s investor relations website at http://investor.wd40company.com. The webcast will be archived and available on the website for a one-year period following the conference call.
The Company’s quarterly earnings press release will cross the wire at approximately 1:05 p.m. PDT on July 9, 2026. Please visit the Company’s investor relations website to view the press release and other supporting materials.
About WD-40 Company
WD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories, and homes around the world. The Company owns a wide range of well-known brands that include maintenance products and homecare and cleaning products: WD40® Multi-Use Product, WD-40 Specialist®, 3-IN-ONE®, GT85®, 2000 Flushes®, no vac®, Spot Shot®, Lava®, Solvol®, X-14®, and Carpet Fresh®.
Headquartered in San Diego, California, USA, WD-40 Company recorded net sales of $620.0 million in fiscal year 2025 and its products are currently available in more than 176 countries and territories worldwide. WD-40 Company is traded on the NASDAQ Global Select Market under the ticker symbol “WDFC”. For additional information about WD-40 Company please visit http://www.wd40Company.com.
SAN DIEGO--(BUSINESS WIRE)--WD-40® Brand launches the 2026 Repair Challenge, inviting DIYers and pros to showcase their repair skills for a chance to win a $5,000 grand prize.
Big Tree Cloud (NASDAQ: DSY - Get Free Report) and WD-40 (NASDAQ: WDFC - Get Free Report) are both consumer staples companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation. Volatility and Risk Big Tree Cloud has
SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Monday, March 16, 2026, a quarterly dividend of $1.02 per share, payable April 30, 2026, to stockholders of record at the close of business on April 17, 2026. The Company also announced that it has scheduled its second quarter 2026 earnings conference call for Thursday, April 9, 2026, at 2:00 p.m. PDT. On this call, management will discuss financial results, business developments, and.
WD-40 (NASDAQ:WDFC – Get Free Report) and BBB Foods (NYSE:TBBB – Get Free Report) are both mid-cap consumer staples companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, earnings, valuation, profitability, dividends, institutional ownership and analyst recommendations.
Analyst Recommendations This is a summary of recent ratings and price targets for WD-40 and BBB Foods, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score WD-40 0 1 1 0 2.50 BBB Foods 2 2 4 0 2.25 WD-40 currently has a consensus target price of $300.00, suggesting a potential upside of 45.50%. BBB Foods has a consensus target price of $39.50, suggesting a potential upside of 8.95%. Given WD-40’s stronger consensus rating and higher probable upside, equities research analysts plainly believe WD-40 is more favorable than BBB Foods.
Valuation and Earnings This table compares WD-40 and BBB Foods”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio WD-40 $619.98 million 4.49 $90.99 million $6.57 31.38 BBB Foods $4.08 billion 1.02 -$148.23 million ($1.32) -27.47 WD-40 has higher earnings, but lower revenue than BBB Foods. BBB Foods is trading at a lower price-to-earnings ratio than WD-40, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility WD-40 has a beta of 0.25, suggesting that its share price is 75% less volatile than the S&P 500. Comparatively, BBB Foods has a beta of 0.01, suggesting that its share price is 99% less volatile than the S&P 500.
Profitability This table compares WD-40 and BBB Foods’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets WD-40 14.42% 30.10% 16.79% BBB Foods -3.72% -70.80% -11.06% Institutional and Insider Ownership 91.5% of WD-40 shares are owned by institutional investors. Comparatively, 8.4% of BBB Foods shares are owned by institutional investors. 0.8% of WD-40 shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary WD-40 beats BBB Foods on 12 of the 14 factors compared between the two stocks.
About WD-40 (Get Free Report)
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products. It also offers multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike maintenance market under the GT85 brand name. In addition, the company provides automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
About BBB Foods (Get Free Report)
BBB Foods Inc., through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins. The company also provides branded, private label, and spot products. It serves low-to-middle income households through online channels. BBB Foods Inc. was incorporated in 2004 and is headquartered in Mexico City, Mexico.
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SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today reported financial results for its second fiscal quarter ended February 28, 2026. Second Quarter Highlights and Summary: Total net sales were $161.7 million, an increase of 11 percent compared to the prior year fiscal quarter. Translation of the Com.
WD-40 (WDFC) came out with quarterly earnings of $1.5 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.32 per share a year ago.
WD-40 Company (WDFC) delivered strong Q2 results, with revenue and earnings surpassing analyst expectations and robust growth in key product lines. WDFC's revenue rose 10.7% year-over-year, driven by promotional activities, geographic expansion, and e-commerce, though net income declined due to tax effects. Management guides for 5–9% constant currency revenue growth in fiscal 2026, with EPS expected between $5.75 and $6.15, supported by new products and global initiatives.
WD-40 (WDFC) Reports Strong Q2 Results but Stock Declines on Guidance Reaffirmation
WD-40 WDFC is experiencing a decline in stock price today, despite reporting impressive earnings per share (EPS) and revenue for Q2 (February). The company's revenue surged by 10.7% year-over-year to $161.7 million, exceeding analyst expectations and marking the highest growth rate in six quarters. Additionally, WD-40 reaffirmed its fiscal year 2026 (FY26) guidance.
Revenue rose 10.7% year-over-year to $161.7 million, surpassing analyst estimates and reflecting the strongest growth in six quarters. The maintenance products segment, which is the company's core focus, achieved a 6% growth in constant currency. Sales in the Americas increased by 10% year-over-year to $71.8 million, primarily driven by a 15% rise in U.S. maintenance product sales. EIMEA sales grew by 9% year-over-year to $64.9 million, although they declined by 3% in constant currency. Asia-Pacific sales soared by 19% year-over-year to $25.0 million, supported by a 21% increase in maintenance product sales, especially in China. WD-40 Specialist products played a significant role in growth across all regions, offering professional-grade lubricants, cleaners, and rust preventatives designed for heavy-duty industrial and maintenance tasks. The company anticipates strong promotional activities will lead to high single-digit to low double-digit growth in the Americas for FY26. Despite the positive Q2 results, WDFC reaffirmed its FY26 guidance, citing geopolitical uncertainties, particularly in the Middle East, as a factor for caution. WD-40 reported a robust quarter with widespread revenue strength and continued momentum in its core maintenance products. However, the market's reaction indicates some disappointment regarding the decision to reaffirm, rather than raise, FY26 guidance following the strong Q2 results. Management highlighted geopolitical uncertainties, especially in the Middle East, as a reason for their cautious outlook, which may have left investors hoping for a more optimistic forecast. There may also be concerns about the quality of growth, as foreign exchange tailwinds and a high proportion of international sales are contributing positively. Nonetheless, WD-40's strong performance in the U.S., expanding Specialist product line, and improving trends in Asia-Pacific create a favorable environment as the company moves into the second half of the fiscal year.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
WD-40 Company NASDAQ: WDFC stock presented a buying opportunity ahead of its fiscal Q2 2026 earnings release, which analysts and institutional investors took advantage of. Following the release, results and guidance justified that support, validating the long-term outlook for cash flow and capital returns. Capital returns are a critical element, as this cash-generating machine pays dividends and buys back shares.
WD-40 Today
$225.44 +1.32 (+0.59%)
As of 11:13 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$175.38▼
$253.24Dividend Yield1.81%
P/E Ratio38.34
Price Target$270.00
The dividend is substantial, yielding about 1.8% with shares near the low end of a long-term trading range, and is reliable at 62% of earnings. The 62% payout ratio is a bit high, relative to market averages, but underpinned by a high-margin business and a fortress balance sheet.
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Earnings growth is also included in the forecast, supporting an outlook for healthy, sustainable distribution increases. As it stands, the company has increased its payment for 17 consecutive years and is on track to continue the trend indefinitely.
The buybacks are also substantial, providing a catalyst for investment in 2026. The company has a long-standing authorization but doesn’t always use it. In 2026, the story is that buybacks are underway and accelerating, with executives planning to exhaust the existing allotment by fiscal year-end. The plan is a resounding affirmation of the company’s growth outlook and cash-generating ability; additional authorization is likely by year’s end or alongside the year-end report. Buyback activity in Q2 reflects the acceleration, with the quarterly count down an average 0.4% compared to the year-to-date 0.3% decline. About $14 million remains under the existing authorization, representing about 0.45% of the pre-release market cap.
Analyst Sentiment Firmed and Institutions Bought WDFC Ahead of Its Q2 ReportMarketBeat data shows that analyst sentiment and institutional support strengthened for WDFC ahead of its fiscal Q2 release. MarketBeat tracks only four analysts with coverage, a tepid figure but bolstered by their consensus price target, new price target revisions, and institutional activity.
Current Price$225.44High Forecast$270.00Average Forecast$270.00Low Forecast$270.00WD-40 Stock Forecast Details
Analysts rate the stock a Moderate Buy with a 67% Buy-side bias and more than 35% upside from the critical support level. A recent update following the release came from William Blair, who pegged the stock at Outperform. Additional bullish activity is expected now that guidance is in.
Institutional activity is more robustly bullish, with them owning more than 90% of the stock and accumulating over the preceding three months. Their activity netted more than $2 in shares for each $1 sold during the period and ramped in Q1 ahead of the release.
The buying activity also aligns with technical action, which reflects bottom in late 2025 and accumulation in early 2026. The likely outcome is that this group continues to provide support at the critical $205 level and may accelerate activity in Q2.
Short interest is a concern, albeit a small one, given the Q2 results and technical outlook. While up nearly 10% as of late March, the 5.5% short interest is insufficient to cap gains given institutional support. The more likely outcome is that shorts begin to cover positions, helping solidify the bottom and increase rebound potential. Investors should be aware that this retail stock tends to swing widely. While a bullish swing is brewing, an equally large pullback will likely follow.
WDFC at Buyable Bottom in Early AprilWDFC’s stock price surged ahead of its report, confirming the presence of support at the critical level. The critical level is near $205, but support may be advancing. The pre-release move put price action in alignment with a cluster of moving averages, revealing three market forces: long-, mid-, and short-term traders, coming into alignment. In this scenario, the stock price is set to advance, with resistance targets near $240 and $255. The $255 target is the critical resistance target because it marks the top of a trading range. A move above it would signal a fundamental market shift, opening the door to a larger advance.
And the results? WD-40 Company outperformed on the top and bottom lines, driven by organic growth and foreign-exchange (FX) tailwinds that continue to blow. The 10.7% top-line growth outpaced consensus by a slim margin, with FX-neutral growth at 6%, driven by a 13% gain in core Maintenance products. Looking ahead, the company expects full-year pro forma growth of nearly 7% and EPS of nearly $5.95 at the midpoint of the range. Balance sheet highlights reveal that cash is down only minimally, the business is well-capitalized, assets are flattish, liabilities are down, and equity is rising despite the share buybacks.
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WD-40 Company remains a long-term hold despite premium valuation and muted growth, supported by stable demand and dividend growth. Fiscal Q2 sales rose 11% to $161.7 million, with gross margin improving 100 bps to 55.6% and adjusted EPS up 14% to $1.50. Growth was broad-based across regions, with standout Specialist line performance and significant Asia-Pacific momentum, especially in China.
On April 10, 2026, WD-40 Co (WDFC) shares fell 4.0% today to a current price of $214.01. The stock has experienced a 52-week range between $175.38 and $253.24,
WD-40 Company (NASDAQ:WDFC – Get Free Report) was down 4.7% during trading on Monday after DA Davidson lowered their price target on the stock from $300.00 to $270.00. DA Davidson currently has a buy rating on the stock. WD-40 traded as low as $202.91 and last traded at $204.03. Approximately 204,567 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 183,227 shares. The stock had previously closed at $214.01.
Other research analysts also recently issued reports about the stock. Weiss Ratings reissued a “hold (c)” rating on shares of WD-40 in a research report on Wednesday, January 21st. William Blair started coverage on shares of WD-40 in a research report on Monday, April 6th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, WD-40 presently has an average rating of “Moderate Buy” and an average target price of $270.00.
Get Our Latest Stock Report on WDFC
Insider Buying and Selling at WD-40 In other news, Director David Pendarvis bought 424 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were acquired at an average cost of $247.15 per share, with a total value of $104,791.60. Following the completion of the transaction, the director directly owned 6,898 shares in the company, valued at approximately $1,704,840.70. The trade was a 6.55% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.78% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows Institutional investors have recently made changes to their positions in the company. Hsbc Holdings PLC purchased a new position in WD-40 during the fourth quarter valued at approximately $637,000. Rockefeller Capital Management L.P. grew its position in WD-40 by 7.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,087 shares of the specialty chemicals company’s stock valued at $214,000 after purchasing an additional 78 shares in the last quarter. Corient Private Wealth LLC grew its position in WD-40 by 52.0% during the fourth quarter. Corient Private Wealth LLC now owns 9,518 shares of the specialty chemicals company’s stock valued at $1,874,000 after purchasing an additional 3,257 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in WD-40 by 243.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 278 shares of the specialty chemicals company’s stock valued at $55,000 after purchasing an additional 197 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position in WD-40 by 76.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,946 shares of the specialty chemicals company’s stock valued at $383,000 after purchasing an additional 842 shares in the last quarter. 91.52% of the stock is owned by hedge funds and other institutional investors.
WD-40 Price Performance The stock’s 50-day moving average is $227.83 and its 200 day moving average is $209.61. The stock has a market capitalization of $2.78 billion, a PE ratio of 35.21 and a beta of 0.25. The company has a quick ratio of 1.98, a current ratio of 2.83 and a debt-to-equity ratio of 0.32.
WD-40 (NASDAQ:WDFC – Get Free Report) last announced its quarterly earnings data on Thursday, April 9th. The specialty chemicals company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.11. WD-40 had a net margin of 12.57% and a return on equity of 30.23%. The firm had revenue of $161.67 million for the quarter, compared to the consensus estimate of $154.90 million. During the same period in the previous year, the firm posted $1.32 earnings per share. The firm’s revenue was up 10.7% on a year-over-year basis. As a group, equities analysts predict that WD-40 Company will post 5.42 earnings per share for the current year.
WD-40 Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 17th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, April 17th. This represents a $4.08 dividend on an annualized basis and a yield of 2.0%. WD-40’s payout ratio is presently 69.39%.
About WD-40 (Get Free Report)
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.
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"Change your family's financial future" is a phrase that gets thrown around a lot in financial media, usually attached to speculative bets on unproven technologies. I want to use it differently here. I mean to suggest that by investing in companies that are building durable compounding machines, I can meaningfully change the trajectory of my family's wealth over the course of a decade or more.
These four companies aren't flashy. But they are the ones that could actually change my kids' financial futures.
Image source: Getty Images.
1. WD-40 Yes, this is the lubricant company with the product that smells good. WD-40 (WDFC +0.53%) just reported Q2 fiscal 2026 results, with maintenance product sales up 13% and Asia-Pacific sales up 19%, driven by a 21% surge in the WD-40 Multi-Use Product specifically. The company reaffirmed its full-year guidance, citing clear visibility into the second half of the fiscal year.
Here's what makes WD-40 a family financial future stock: It's one of those rare brands with literal global ubiquity that most people don't think of as an investment. Its cans can be found in workshops, factories, and homes in over 176 countries. The formula has never been patented. It's just a trade secret that hasn't been reverse-engineered in 70 years.
Because the company runs an incredibly lean, asset-light model focused entirely on marketing and distribution rather than manufacturing, I think its stock is a safe buy for future wealth. That business structure generates consistent free cash flow and supports a growing dividend. It's really not that exciting, but that's the point.
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2. BJ's Wholesale Club BJ's Wholesale Club (BJ 0.06%) is the warehouse retailer that doesn't get talked about as much as its competitors, which is precisely why it's interesting. The chain serves the Northeastern and mid-Atlantic U.S., a region that is densely populated and where the value proposition of bulk purchasing resonates strongly. BJ's is in the middle of opening a planned total of 25 to 30 new clubs across 2025 and 2026, and management guided for 2% to 3% comparable sales growth in its fiscal 2026 (which will end in January 2027).
What I find compelling about BJ's as an investment for the long term is its membership model. People who pay annual fees to shop at a warehouse club tend to stay. Renewal rates for warehouse club memberships have historically been above 85%, indicating an unusually sticky revenue base. Back in 2023, BJ's renewal rate hit 90%.
BJ's also sells gasoline at its clubs -- a practical anchor that drives visit frequency. For a family that wants to invest in a consumer retailer that's compounding at a stable rate, BJ's is doing the quiet work.
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3. Celsius Holdings Celsius Holdings (CELH +2.04%) acquired both Rockstar Energy and Alani Nu in 2025, nearly tripling its scale overnight and pushing its U.S. market share to roughly 20% in the energy drink category. The stock fell sharply as investors shied away from it in response to the integration costs of those purchases and the shareholder dilution that they caused. That reaction, in my view, is where the opportunity is.
Management has guided for gross margins to rebound to percentages in the low 50s after it finishes integrating its new businesses, which it expects to occur in the first half of this year. Its international expansion -- boosted by its deal to use PepsiCo's global distribution infrastructure -- is just beginning. A study by Maximize Market Research projects that the energy drink market will grow at a compound annual rate of around 8% for the foreseeable future.
Celsius now holds the second- or third-largest position in that market, with brands targeting three distinct consumer segments. That's not a single-product bet -- it's a platform.
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4. Wingstop Not only do I love their wings, but Wingstop (WING +7.12%) also opened 493 net new restaurants in 2025 and reached 3,056 total units globally. For 2026, the company is targeting 15% to 16% global unit growth. This means opening another 450-plus new locations.
That's a pace of expansion that most restaurant brands can only sustain for a few years before the geography runs out. Wingstop has room left: International stores still account for only a small percentage of its system, and international markets are exactly where management is now focused.
The business model is almost entirely asset-light. The company franchises nearly all of its locations, collecting royalties and fees rather than running restaurants directly. That means that its unit growth flows down to the bottom line at an unusually high rate.
If you're thinking about buying a 10-year or more stock holding, with Wingstop, you're essentially getting a royalty business attached to a chicken wing brand that has become genuinely global.
SAN DIEGO--(BUSINESS WIRE)-- #KingOfTheHill--WD-40® Brand is teaming up with Disney Entertainment to launch a limited-edition “King of the Hill”-themed can.
SAN DIEGO--(BUSINESS WIRE)--WD-40 Co. announced executive leadership appointments in a planned transition to strengthen alignment, support strategy, and ensure continued growth.