WD-40 Guides FY2026 Sales $675M-$690M, Shifts Homecare Brands

WD-40 reported record quarterly sales for its fiscal third quarter, while updating its full-year guidance and outlining plans to repurchase $100 million in stock. The company now expects fiscal 2026 net sales of $675 million to $690 million, it said in a statement. WD-40 also reclassified its homecare brands – including Lava and Spot Shot – from "held for sale" to "held for use," signaling that management no longer plans to divest those lines.

Gross margins narrowed during the quarter, the company said, due to higher input costs and a changing product mix. Management did not provide a specific margin target but noted that pricing actions are under review. WD-40 said it is evaluating price increases across its product lines to offset cost inflation. The company has historically taken price in a measured way, and any changes would be phased in, it said.

The board authorized a $100 million share repurchase program, which replaces a previous authorization. The buyback signals confidence in the company's cash flow generation, even as margins face pressure. The guidance range implies second-half sales growth of roughly 5% to 7% from a year earlier, assuming the midpoint.

WD-40's core lubricants business drove the revenue record, with strong demand in the Americas and EMEA regions. The company's next earnings report is scheduled for late October.