secwatch.observer — SEC 8-K summary
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Issuer:     WD 40 CO (WDFC)
CIK:        0000105132
Form:       8-K
Filed at:   2024-04-09T23:59:59+00:00
Accession:  0000105132-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105132/000010513224000019/0000105132-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105132/000010513224000019/wdfc-20240409.htm
  HTML page:      https://secwatch.observer/filing/0000105132-24-000019

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