WD-40 Raises Full-Year Outlook as Fiscal Third-Quarter Results Increase; Shares Up Pre-Bell
WD-40 (WDFC) shares jumped early Friday as the company upgraded its full-year outlook after opting to retain its Americas homecare and cleaning businesses and reported higher fiscal third-quarter results. The lubricant and cleaning product maker now expects fiscal 2026 adjusted earnings of $6.05 to $6.35 a share on net sales of $652 million to $667 million, it said late Thursday. The company previously projected EPS at $5.75 to $6.15 on sales of $630 million to $655 million. Four analysts surveyed by FactSet are looking for EPS of $6.07 on sales of $675.1 million. The revised guidance includes about $12 million in sales and $0.17 in EPS related to the reclassification of the Americas homecare and cleaning brands to assets held for use from assets held for sale, according to a statement. WD-40 shares were up nearly 15% in premarket activity Friday. So far this year, the stock has jumped 22%. Last fiscal year, the company announced its intent to sell its homecare and cleaning brands in the Americas and the UK. WD-40 completed the divestiture of the UK homecare and cleaning brands in August. "After extensive engagement with potential buyers, it became clear that the current.
WD-40 (WDFC) shares jumped early Friday as the company upgraded its full-year outlook after opting to retain its Americas homecare and cleaning businesses and reported higher fiscal third-quarter results.
The lubricant and cleaning product maker now expects fiscal 2026 adjusted earnings of $6.05 to $6.35 a share on net sales of $652 million to $667 million, it said late Thursday.
The company previously projected EPS at $5.75 to $6.15 on sales of $630 million to $655 million.
Four analysts surveyed by FactSet are looking for EPS of $6.07 on sales of $675.1 million.
The revised guidance includes about $12 million in sales and $0.17 in EPS related to the reclassification of the Americas homecare and cleaning brands to assets held for use from assets held for sale, according to a statement.
WD-40 shares were up nearly 15% in premarket activity Friday.
So far this year, the stock has jumped 22%.
Last fiscal year, the company announced its intent to sell its homecare and cleaning brands in the Americas and the UK.
WD-40 completed the divestiture of the UK homecare and cleaning brands in August. "After extensive engagement with potential buyers, it became clear that the current.