WD-40 Company Stock Surges Over 15% After Hours: Here's What's Going On
WD-40 Company (NASDAQ: WDFC ) shares surged 15.27% to $275.99 in after-hours trading after reporting third-quarter results where revenue and earnings per share topped analyst estimates and the company raised its full-year outlook. Earnings Beat Fuels Rally The global sales and marketing company announced third-quarter results for the period ended May 31 after the market closed on Thursday. The results immediately resonated positively with the stock’s performance, reversing an intraday decline of 2.91%. WD-40 posted third-quarter net sales of $195.1 million, up 24% year-over-year. The revenue surpassed analyst estimates by 13.05%. The EPS came in at $2.33, topping the expected $1.57 by 48.41%. Operating income increased 47% to $40.3 million, while diluted earnings per share reached $2.24, up 45% from the previous year. Gross margin also expanded to 56.6%. President and CEO Steve...
99 in after-hours trading after reporting third-quarter results where revenue and earnings per share topped analyst estimates and the company raised its full-year outlook. Earnings Beat Fuels Rally The global sales and marketing company announced third-quarter results for the period ended May 31 after the market closed on Thursday. 91%. 1 million, up 24% year-over-year.
05%. 41%. 24, up 45% from the previous year. 6%.
” The Americas segment, which accounted for 52% of total net sales, grew 29% year-over-year. Buyback, Dividend, and Raised Guidance Add to Bullish Case According to the Thursday announcement, WD-40’s board approved a new $100 million share repurchase program, effective Sep. 02 quarterly cash dividend payable Jul. 31.
The company also updated its fiscal 2026 outlook, reflecting the reclassification of its Americas homecare and cleaning brands from assets held for sale to assets held for use. Reported net sales are now expected to range between $675 million and $690 million, representing 10% to 12% growth. 35. 62.
20. 46% over the past 12 months. Currently, WDFC is positioned at about 82% of its 52-week range, near the upper end of its annual trading band. 42, according to Pro.
With a strong Momentum in the 85th percentile, ’s Edge Stock Rankings indicate that WDFC has a positive price trend across all time frames. com Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. Read Also: Why Is Julong Holding Stock Trending Overnight?