WD-40 Q3 Earnings Call Highlights

WD-40 posted strong Q3 results , with consolidated net sales up 24% year over year to $195.1 million and non-GAAP diluted EPS rising to $2.33 from $1.54. Operating income climbed 47%, showing significant operating leverage. Growth was broad-based across regions and product lines , led by Maintenance products, which hit a company record, plus strong gains in the Americas, EMEA and Asia-Pacific. WD-40 Multi-Use Product and the Specialist line both posted solid year-to-date growth, with premium formats like Smart Straw and EZ-REACH gaining traction. Management warned of near-term gross margin pressure from higher input costs, even as pricing actions and cost-saving initiatives were rolled out. The company narrowed its fiscal 2026 outlook and also authorized a new $100 million share repurchase program . WD-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. “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...