secwatch.observer — SEC 8-K summary
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Issuer:     WD 40 CO (WDFC)
CIK:        0000105132
Form:       8-K
Filed at:   2024-01-09T23:59:59+00:00
Accession:  0000105132-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WD-40 Q1 net sales up 12% to $140.4M; EPS $1.28 vs $1.02; dividend raised 6%
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- Net income $17.5M (+25% YoY); diluted EPS $1.28 vs $1.02; gross margin 53.8% (up 240 bps).
- Americas sales +10%, EIMEA +20%, Asia-Pacific +6%; constant-currency growth 9% to $136.5M.
- Quarterly dividend increased 6% to $0.88 per share, payable Jan 31, 2024 to holders of record Jan 19.
- Company repurchased 11,500 shares for $2.4M under new $50M buyback plan through Aug 31, 2025.
- FY2024 guidance reiterated: net sales $570-600M (constant currency), EPS $4.78-5.15, gross margin 51-53%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105132/000010513224000004/0000105132-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105132/000010513224000004/wdfc-20240109.htm
  HTML page:      https://secwatch.observer/filing/0000105132-24-000004

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