---
schema_version: "secwatch.filing_event.v1"
accession: "0000105132-24-000019"
form_type: "8-K"
ticker: "WDFC"
cik: "0000105132"
company_name: "WD 40 CO"
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T00:42:58.832539+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WD-40 Q2 net sales +7% to $139.1M, EPS $1.14; raises FY guidance; to sell homecare/cleaning

## Summary
- Q2 net sales $139.1M (+7% YoY); diluted EPS $1.14 vs $1.21; gross margin 52.4% vs 50.8%.
- FY 2024 net income guidance raised to $67.7M-$71.8M (from $65M-$70M); diluted EPS raised to $5.00-$5.30.
- Announced plan to sell U.S. and U.K. Homecare and Cleaning Products portfolio to focus on core maintenance products.
- Quarterly dividend declared $0.88 per share, payable April 30, 2024 to holders of record April 19, 2024.
- Share repurchase plan: $50M authorized; $5.3M repurchased through Feb 29, 2024.

## SEC filing metadata
- accession: 0000105132-24-000019
- form_type: 8-K
- ticker: WDFC
- cik: 0000105132
- company_name: WD 40 CO
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105132/000010513224000019/0000105132-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105132/000010513224000019/wdfc-20240409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105132-24-000019
- JSON: https://secwatch.observer/filing/0000105132-24-000019.json
- Plain text: https://secwatch.observer/filing/0000105132-24-000019.txt

## Key facts
- Earnings Releases
  WD 40 CO reported second fiscal quarter ended February 29, 2024 results: revenue $139.1 million, net income $15.5 million, EPS $1.14. Guidance raised.
  - Period: second fiscal quarter ended February 29, 2024
  - Revenue: $139.1 million
  - Net income: $15.5 million
  - EPS: $1.14
  - Guidance: raised
  - Result: reported results
  source text: today reported financial results for its second fiscal quarter ended February 29, 2024. Second Quarter Highlights and Summary: • Total net sales for the second quarter were $139.1 million, an increase of 7 percent compared to the prior year fiscal quarter. Year-to-date total net sales were $279.5 million, an increase of 10 percent compared to the prior year fiscal
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513224000019/0000105132-24-000019-index.htm

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