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SAN DIEGO - WD-40 Company (NASDAQ:WDFC) shares surged 7.9% after the maintenance products maker reported fourth-quarter earnings and revenue that exceeded analyst expectations, while also announcing plans to accelerate share repurchases.
The company posted adjusted earnings per share of $1.56 for the quarter ended August 31, significantly beating the analyst estimate of $1.26. Revenue came in at $163.5 million, well above the consensus estimate of $153.9 million and representing a 5% increase YoY. The strong performance was driven by a 6% rise in maintenance product sales, particularly in the EIMEA and Asia-Pacific regions.
"We delivered solid results in fiscal 2025, with currency adjusted pro forma net sales of $603 million—an increase of 6% over last year and in line with our expectations," said Steve Brass, president and chief executive officer of WD-40 Company.
Gross margin for the fourth quarter improved to 54.7% from 54.1% in the prior-year period, while full-year gross margin reached 55.1%, exceeding the company’s target of 55% a year ahead of expectations. Operating income for the quarter jumped 17% to $28 million.
Looking ahead, WD-40 provided fiscal 2026 guidance with EPS expected between $5.75 and $6.15, in line with the analyst consensus of $5.97. The company projects net sales growth of 5% to 9% for the year, with revenue between $630 million and $655 million.
Management also announced plans to deploy its remaining $29.6 million share repurchase authorization in fiscal 2026, signaling strong confidence in the company’s long-term fundamentals.
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