---
schema_version: "secwatch.filing_event.v1"
accession: "0000105132-23-000054"
form_type: "8-K"
ticker: "WDFC"
cik: "0000105132"
company_name: "WD 40 CO"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T19:37:05.147092+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WD-40 Q4 net sales up 8% to $140.5M; FY net income down 2% to $66.0M

## Summary
- Q4 diluted EPS $1.21 vs $1.08 prior year; full-year diluted EPS $4.83 vs $4.90.
- Gross margin improved to 51.4% Q4 (from 47.4%) and 51.0% full year (from 49.1%).
- FY2024 guidance: net sales $570M-$600M constant currency (6-12% growth); EPS $4.78-$5.15.
- Quarterly dividend maintained at $0.83/share, payable Oct 31, record Oct 20.
- Board authorized new $50M share repurchase plan effective Sep 1, 2023 through Aug 2025.

## SEC filing metadata
- accession: 0000105132-23-000054
- form_type: 8-K
- ticker: WDFC
- cik: 0000105132
- company_name: WD 40 CO
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105132/000010513223000054/0000105132-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105132/000010513223000054/wdfc-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105132-23-000054
- JSON: https://secwatch.observer/filing/0000105132-23-000054.json
- Plain text: https://secwatch.observer/filing/0000105132-23-000054.txt

## Key facts
- Earnings Releases
  WD 40 CO reported fourth quarter ended August 31, 2023 results: revenue $140.5 million, net income $16.6 million, EPS $1.21.
  - Period: fourth quarter ended August 31, 2023
  - Revenue: $140.5 million
  - Net income: $16.6 million
  - EPS: $1.21
  - Result: reported results
  source text: Total net sales for the fourth quarter were $140.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513223000054/0000105132-23-000054-index.htm
- Earnings Releases
  WD 40 CO reported fiscal year ended August 31, 2023 results: revenue $537.3 million, net income $66.0 million, EPS $4.83. Guidance initiated.
  - Period: fiscal year ended August 31, 2023
  - Revenue: $537.3 million
  - Net income: $66.0 million
  - EPS: $4.83
  - Guidance: initiated
  - Result: reported results
  source text: For the full fiscal year, total net sales were $537.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513223000054/0000105132-23-000054-index.htm

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