---
schema_version: "secwatch.filing_event.v1"
accession: "0000105132-23-000035"
form_type: "8-K"
ticker: "WDFC"
cik: "0000105132"
company_name: "WD 40 CO"
filed_at: "2023-07-10T23:59:59+00:00"
generated_at: "2026-06-13T10:26:06.454032+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WD-40 Q3 sales up 15% to $141.7M; EPS $1.38 vs $1.07; new $50M buyback plan

## Summary
- Net sales $141.7M (+15% YoY); net income $18.9M (+30%); diluted EPS $1.38 vs $1.07.
- Americas sales +16%; EMEA +6% (constant currency +13%); Asia-Pacific +42%.
- Board approved new $50M share buyback plan effective Sept 1, 2023, replacing expiring $75M plan.
- FY2023 guidance reiterated: sales $535-560M, EPS $4.80-$5.00, gross margin 51-52%.

## SEC filing metadata
- accession: 0000105132-23-000035
- form_type: 8-K
- ticker: WDFC
- cik: 0000105132
- company_name: WD 40 CO
- filed_at: 2023-07-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105132/000010513223000035/0000105132-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105132/000010513223000035/wdfc-20230710.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105132-23-000035
- JSON: https://secwatch.observer/filing/0000105132-23-000035.json
- Plain text: https://secwatch.observer/filing/0000105132-23-000035.txt

## Key facts
- Earnings Releases
  WD 40 CO reported the third fiscal quarter ended May 31, 2023 results: revenue $141.7 million, net income $18.9 million, EPS $1.38.
  - Period: the third fiscal quarter ended May 31, 2023
  - Revenue: $141.7 million
  - Net income: $18.9 million
  - EPS: $1.38
  - Result: reported results
  source text: Total net sales for the third quarter were $141.7 million, an increase of 15 percent compared to the prior year fiscal quarter. Year-to-date total net sales were $396.8 million, an increase of 2 percent compared to the prior year fiscal period. • Translation of the Company’s foreign subsidiaries’ results from their functional currencies to U.S. dollars had an unfavorable impact on sales for the current quarter and year-to-date. On a non-GAAP constant currency basis, total net sales would have been $145.6 million for the third quarter and $415.7 million year to date. • Net income for the third quarter was $18.9 million, an increase of 30 percent from the prior year fiscal quarter. Year-to-date net income was $49.4 million, a decrease of 6 percent from the prior year fiscal period. • Translation of the Company’s foreign subsidiaries’ results from their functional currencies to U.S. dollars had an unfavorable impact on net income for the current quarter and year to date. On a non-GAAP con
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513223000035/0000105132-23-000035-index.htm

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