---
schema_version: "secwatch.filing_event.v1"
accession: "0000105132-21-000024"
form_type: "8-K"
ticker: "WDFC"
cik: "0000105132"
company_name: "WD 40 CO"
filed_at: "2021-10-19T23:59:59+00:00"
generated_at: "2026-06-28T19:51:29.940919+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# WD-40 Q4 net income drops 57% to $8.4M; FY2021 sales up 19% to $488.1M

## Summary
- Q4 diluted EPS $0.61 vs $1.42 prior year; net income $8.4M, down 57% YoY.
- Full-year EPS $5.09 vs $4.40; net income $70.2M, up 16% YoY.
- Gross margin fell to 51.2% in Q4 from 56.3% due to supply chain constraints; SG&A up 14%, advertising up 61%.
- Americas -5%, EMEA +6%, Asia-Pacific +32%; maintenance product sales +4% globally.
- FY2022 guidance: net sales $522-542M, diluted EPS $5.24-5.38; $75M share buyback approved.

## SEC filing metadata
- accession: 0000105132-21-000024
- form_type: 8-K
- ticker: WDFC
- cik: 0000105132
- company_name: WD 40 CO
- filed_at: 2021-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105132/000010513221000024/0000105132-21-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105132/000010513221000024/wdfc-20211019x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105132-21-000024
- JSON: https://secwatch.observer/filing/0000105132-21-000024.json
- Plain text: https://secwatch.observer/filing/0000105132-21-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.