
WD-40: A Premium Multiple Is Justified For This Nostalgic Household Name
Seeking Alpha
Published: Sep 09, 2026, 03:39 PM
Ryan Canady 726 Followers Follow Summary WD-40 delivered robust Q3 2026 results, with 20% constant-currency net sales growth and operating income rising nearly twice as fast as sales. Strong brand loyalty, nostalgia, and creative partnerships with Disney and Home Depot drive both core and specialist product growth, supporting a bullish outlook. WDFC achieves double-digit sales growth across all regions, with Asia-Pacific sales up 24% and significant opportunity for further expansion, especially via digital channels. Consistent quarter-over-quarter growth and operating leverage underscore WDFC's stability and global scalability, positioning it as a resilient, emotionally resonant consumer brand. Greggory DiSalvo/iStock via Getty Images You cannot fully encase the story of WD-40 ( WDFC ) in a single spreadsheet or financial figure. There are plenty of these figures that I will examine in great detail throughout this piece, but I think This article was written by Ryan Canady 726 Followers Follow Investing wisely does not have to be rocket science. It is about discipline and running the numbers. You don't have to be like a grandmaster chess player playing the game twenty moves ahead of your opponent, you just need to understand how the pieces work. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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