Highest-materiality recent filing
WD-40 Q3 net sales +24% to $195.1M; EPS $2.24 (+45%); guidance raised
Operating income $40.3M (+47%); net income $30.2M (+44%); adjusted diluted EPS $2.33 (+51%).
Executed indemnity agreement and change in control severance agreement with Nicholas D. Giordano.
WD-40 Company announces CFO transition; Hyzer to lead Americas, CFO search underway
Sara Hyzer to transition from CFO to Division President, Americas; continues as CFO until successor is named.
WD-40 Q2 sales up 11% to $161.7M; adjusted EPS rises 14% to $1.50; reaffirms FY guidance
Revenue $161.7M (+11% reported, +4% constant currency); maintenance products +13% (6% cc).
WD-40 appoints Ken Plunk to board of directors, effective Feb 18, 2026
Ken Plunk, former CFO of J&J Snack Foods (JJSF), joins board and Audit/Finance committees.
WD-40 Q1 net sales up 1% to $154.4M, EPS $1.28 vs $1.39; reaffirms FY2026 guidance
Net sales $154.4M (+1% YoY); diluted EPS $1.28 vs $1.39 (-8%).
WD-40 declares $1.02 quarterly dividend, an 8%+ increase; annual meeting votes pass
Quarterly dividend raised to $1.02 per share (+8% vs. prior quarter). Payable Jan 30, 2026; record Jan 16, 2026.
WD-40 Q4 revenue up 5% to $163.5M, full-year EPS $6.69; gross margin 55.1% ahead of target
Full-year net sales $620.0M (+5% YoY); maintenance product sales $591.0M (+6%).
Director Trevor I. Mihalik to resign from WD-40 Board at 2025 Annual Meeting
Trevor I. Mihalik resigned and will not stand for re-election, effective December 12, 2025 (annual meeting date); no disagreement cited.
WD-40 divests UK 1001 & 1001 Carpet Fresh brands to Supreme Imports for up to $7.5M
All-cash deal valued up to £5.6M ($7.5M) including inventory; assets include trademarks, IP, and inventory.
WD-40 posts record Q3 net sales of $156.9M, EPS $1.54, raises FY guidance
Net sales $156.9M (+1% YoY); diluted EPS $1.54 (+5% YoY); net income $21.0M (+6%).
WD-40 Q2 net sales up 5% to $146.1M; adjusted EPS $1.32, +16%; guides FY gross margin, EPS higher
Maintenance product sales grew 6% to $139.3M; Americas +3%, EIMEA +10%, Asia-Pacific -1%.
WD-40 Q1 net sales +9% to $153.5M, EPS $1.39, guidance reaffirmed
Global net sales $153.5M (+9% YoY); diluted EPS $1.39 vs $1.28 (+9%).
WD-40 reschedules Q1 2025 earnings call to Jan 10 due to market closure
Call moved from Jan 9 to Jan 10, 2025 at 2:00 PM PST.
WD-40 raises dividend 7% to $0.94/share and names Eric Etchart board chair
Quarterly dividend increased 7% to $0.94/share, payable Jan 31, 2025 to holders of record Jan 17, 2025.
WD-40 Q4 sales up 11% to $156M, EPS $1.23; FY2025 guidance $5.20-$5.45 EPS
Q4 net sales $156M (+11% YoY); diluted EPS $1.23 vs $1.21 prior year.
WD-40 Q3 sales up 9% to $155M; EPS $1.46 vs $1.38; reaffirms FY24 guidance
Net sales $155.0M (+9% YoY); constant currency growth 8% to $153.5M.
Gregory Sandfort to retire as WD-40 chair; Eric Etchart to succeed at Dec 2024 annual meeting
Sandfort will retire as director and non-executive chair effective Dec 12, 2024; no disagreement.
WD-40 enters amended credit facility: revolver cut to $125M, maturity extended to 2029
Revolving commitment decreased from $150M to $125M; maturity extended to April 30, 2029.
WD-40 Q2 net sales +7% to $139.1M, EPS $1.14; raises FY guidance; to sell homecare/cleaning
Q2 net sales $139.1M (+7% YoY); diluted EPS $1.14 vs $1.21; gross margin 52.4% vs 50.8%.
WD-40 acquires Brazilian distributor Theron Marketing for ~$6.9M cash
Acquired all outstanding shares of Theron Marketing Ltda. for approx. $6.9M USD cash, subject to 90-day post-closing adjustment.
WD-40 acquires Brazilian distributor Theron Marketing for ~$6.9M cash
Approximate purchase price of $6.9M USD, subject to 90-day post-closing adjustment.
WD-40 Q1 net sales up 12% to $140.4M; EPS $1.28 vs $1.02; dividend raised 6%
Net income $17.5M (+25% YoY); diluted EPS $1.28 vs $1.02; gross margin 53.8% (up 240 bps).
WD-40 raises quarterly dividend 6% to $0.88 per share; payable Jan 31, 2024
Quarterly dividend increased 6% to $0.88/share; payable Jan 31, 2024 to holders of record Jan 19, 2024.
WD-40 Q4 net sales up 8% to $140.5M; FY net income down 2% to $66.0M
Q4 diluted EPS $1.21 vs $1.08 prior year; full-year diluted EPS $4.83 vs $4.90.
WD-40 Q3 sales up 15% to $141.7M; EPS $1.38 vs $1.07; new $50M buyback plan
Net sales $141.7M (+15% YoY); net income $18.9M (+30%); diluted EPS $1.38 vs $1.07.
WD-40 adopts clawback policy effective Oct 2, 2023; amends bylaws for universal proxy rules
Adopted clawback policy effective Oct 2, 2023; requires recovery of erroneously awarded incentive compensation from executives upon a financial restatement, regardless of misconduct.
Director Melissa Claassen to resign from WD-40 board effective June 12, 2023
Melissa Claassen notified WD-40 of her resignation from the Board of Directors, effective June 12, 2023.
WD-40 Q2 net income down 15% to $16.5M; diluted EPS $1.21 vs $1.41; updates FY23 guidance
Net sales $130.2M flat YoY; constant currency $135.7M; Americas +15%, EMEA -13%, Asia-Pac -4%.
WD-40 CFO Sara Hyzer adds principal accounting officer role; Partlo steps down May 1
Rae Ann Partlo steps down as principal accounting officer effective May 1, 2023, for personal reasons; no disagreement.
WD-40 Q1 net sales down 7%, EPS $1.02 vs $1.34; guidance reiterated
Net sales $124.9M (-7% YoY); net income $14.0M (-25%); diluted EPS $1.02 ($1.34 prior year).
WD-40 raises quarterly dividend to $0.83 (+6%); elects new Chairman and director
Quarterly dividend increased to $0.83 per share (6% increase); payable Jan 31, 2023 to holders of record Jan 13.
WD-40 Q4 diluted EPS $1.08, up 77% YoY; FY2022 sales $518.8M, +6%
Q4 net sales $130.4M (+13% YoY); net income $14.8M (+77%); diluted EPS $1.08 vs $0.61.
WD-40 discloses CFO Sara K. Hyzer compensation; CFO transition with Rembolt detailed
Hyzer annual base salary $315,000; non-equity incentive up to 110% of base.
WD-40 grants William B. Noble 10% salary increase, 649 RSUs, 649 MSUs, 1,138 PSUs
Base salary increased 10% from $326,067 to $358,674 effective Nov 1, 2022.
WD-40 Q3 net sales down 9%, EPS $1.07; cuts FY gross margin guidance to ~50%
Q3 net sales $123.7M (-9% YoY); net income $14.5M (-31%); GAAP EPS $1.07 vs $1.52.
WD-40 appoints Sara Hyzer as CFO effective Nov 1; Rembolt retires Oct 31
Sara Hyzer, currently VP Global Finance Strategy, named VP Finance, Treasurer, and CFO effective November 1, 2022.
WD-40 appoints director Magee, nominates Burks, board to 12; CEO Brass salary to $600K
Edward O. Magee Jr. appointed to board effective June 20, 2022; board expands from 11 to 12.
WD-40 Q2 sales up 16% to $130M, EPS $1.41; gross margin falls to 50.4%
Net sales $130.0M (+16% YoY); diluted EPS $1.41 vs $1.24; net income $19.5M (+13%).
WD-40 CEO Garry Ridge to retire Aug 31, 2022; Steve Brass appointed as successor
Garry Ridge retires as CEO effective Aug 31, 2022; appointed to non-executive Chairman until Dec 13, 2022, then Chairman Emeritus.
WD-40 Q1 net income down 21% to $18.6M; diluted EPS $1.34 vs $1.72; gross margin falls to 50.8%
Net sales up 8% to $134.7M (constant currency $131.3M); maintenance product sales up 10%, homecare down 15%.
WD-40 shareholders elect all 10 board nominees, approve exec pay, ratify auditor
All 10 director nominees elected: votes for ranged from 10.63M to 10.70M; broker non-votes 1.92M.
WD-40 amends credit agreement to replace LIBOR with SONIA for GBP and BSBY for USD loans
Entered LIBOR Transition Amendment with Bank of America effective November 29, 2021.
WD-40 Q4 net income drops 57% to $8.4M; FY2021 sales up 19% to $488.1M
Q4 diluted EPS $0.61 vs $1.42 prior year; net income $8.4M, down 57% YoY.
WD-40 Q3 net sales $136.4M (+39% YoY); EPS $1.52; raises FY revenue guidance to $475-490M
Net sales $136.4M, +39% YoY; diluted EPS $1.52 vs $1.06; net income $21.0M (+45%).
WD-40 Q3 net sales up 39% to $136.4M; raises FY revenue guidance to $475-490M
Diluted EPS of $1.52 vs $1.06 YoY; net income $21.0M (+45%).
Sara K. Hyzer, the Company’s Chief Financial Officer (“CFO”) and principal accounting officer (“PAO”), has informed the Company of her intention to transition from those roles and is expected to assume the role of Division President, Americas following the appointment of a new CFO.
Mr. Giordano will continue to serve in his current role as Vice President, Corporate Controller, a position he has held since April 2024, until he assumes the role of Vice President, Corporate Controller and Chief Accounting Officer on June 29, 2026.
Patricia Q. Olsem, the Company’s Division President, Americas, will transition to the newly created executive role of Chief Strategy and Innovation Officer, effective on the same date that Ms. Hyzer assumes the role of Division President, Americas.
On June 17, 2024, Gregory A. Sandfort, the non-executive Chair of the Board of Directors (the “Board”) of WD-40 Company (the “Company”), notified the Board of his decision to retire from the Company’s Board, effective as of the 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”), which is currently scheduled for December 12, 2024.
On April 26, 2023, Melissa Claassen notified WD-40 Company (the “Company”) of her decision to resign from the Company’s Board of Directors (the “Board”), effective June 12, 2023.
Sara K. Hyzer was appointed to serve in this capacity, effective May 1, 2023.
On March 13, 2023, Rae Ann Partlo informed WD-40 Company ("Company") that she would step down as the Company's principal accounting officer, effective May 1, 2023.
On December 13, 2022, the Board of Directors (“Board”) of WD-40 Company (“Company”) elected Gregory A. Sandfort as Chair of the Board.
the appointment of Sara K. Hyzer as the Company’s Vice President, Finance, Treasurer, and Chief Financial Officer, effective November 1, 2022
disclosed the retirement date of Jay W. Rembolt from his positions as Vice President, Finance, Treasurer, and Chief Financial Officer
On October 10, 2022, the Compensation Committee of WD-40 Company’s Board of Directors approved certain changes to the compensation arrangements of William B. Noble, a named executive officer, in connection with his promotion to Group Managing Director and additional responsibilities that he will undertake, the effective date of which is November 1, 2022.
On June 22, 2022, WD-40 Company (“Company”) announced that its Board of Directors (“Board”) appointed Mr. Edward O. Magee, Jr. as a director of the Company, effective June 20, 2022.
Max materiality 0.85 · Median 0.62 · Most common event earnings