NASDAQ$WDFC
WD-40 Company · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
WD-40 Company's first quarter of 2021 financial results were reported with net sales increasing by 26% and diluted EPS at $1.72.
WD-40 Company reported a strong start to fiscal year 2021, with a 26% increase in net sales compared to the prior year fiscal quarter, driven primarily by increased demand for maintenance and cleaning products due to renovation trends associated with the pandemic. Diluted earnings per share increased to $1.72, and net income rose by 94% compared to the same quarter last year.
- Total net sales increased by 26% compared to the prior year fiscal quarter, reaching $124.6 million.
- Net income increased by 94% from the prior year fiscal quarter, reaching $23.6 million.
- Diluted earnings per share were $1.72 compared to $0.88 in the prior year fiscal quarter.
- Gross margin percentage increased to 56.4 percent compared to 54.3 percent in the prior year fiscal quarter.
Headline financials
Revenue & EPS history
WD-40 · Revenue · Quarterly
$125M
Revenue by segment
WD-40 · $114M total across 1 segment · Q1 2021
- Maintenance Products$114M—100.0%
Forward guidance
For fiscal year 2021, total net sales are expected to be between $435 million and $470 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.3%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+1.9%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+20.9%
Q3 2023
Best reaction
-14.0%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +0.8% | -6.6% | -5.1% | |
| Q1 2026 | -6.7% | +0.4% | +17.2% | |
| Q4 2025 | +2.8% | +0.6% | -1.0% | |
| Q3 2025 | +1.0% | -3.5% | -1.4% | |
| Q2 2025 | -8.2% | -6.7% | -1.4% | |
| Q1 2025 | -5.0% | -3.9% | -0.7% | |
| Q4 2024 | -4.7% | +0.1% | +5.8% | |
| Q3 2024 | +3.5% | +11.0% | +13.5% | |
| Q2 2024 | -10.0% | -8.8% | -9.9% | |
| Q1 2024 | +14.6% | +14.8% | +11.7% | |
| Q4 2023 | -1.7% | +2.1% | +6.8% | |
| Q3 2023 | +20.9% | +18.3% | +16.9% | |
| Q2 2023 | -3.5% | -2.6% | +3.3% | |
| Q1 2023 | +2.0% | +8.4% | +7.7% | |
| Q4 2022 | -14.0% | -15.5% | -0.7% | |
| Q3 2022 | -13.8% | -16.7% | -12.0% | |
| Q2 2022 | +6.9% | +6.2% | +4.1% | |
| Q1 2022 | +3.6% | +6.1% | -5.8% | |
| Q4 2021 | -8.6% | -4.8% | -1.0% | |
| Q3 2021 | +2.5% | +0.9% | -4.4% | |
| Q2 2021 | -8.1% | -15.7% | -20.3% | |
| Q1 2021 | +13.5% | +7.1% | +18.9% | |
| Q4 2020 | +19.9% | +20.1% | +31.3% | |
| Q3 2020 | -4.4% | -4.7% | -3.3% | |
| Q2 2020 | -11.7% | -1.5% | +0.2% | |
| Q1 2020 | -2.2% | -0.7% | -2.6% | |
| Q4 2019 | -0.3% | +0.6% | +3.0% | |
| Q3 2019 | +8.2% | +10.0% | +12.9% | |
| Q2 2019 | -3.6% | -2.0% | -3.4% | |
| Q1 2019 | -4.7% | -5.2% | -1.3% | |
| Q4 2018 | +3.0% | +2.3% | +6.9% | |
| Q3 2018 | +4.4% | +7.3% | +8.9% | |
| Q2 2018 | -1.8% | +0.4% | +1.5% | |
| Q1 2018 | +3.6% | +4.1% | -2.5% | |
| Q4 2017 | -3.4% | -5.2% | -2.2% | |
| Q3 2017 | -3.4% | -3.0% | -5.3% | |
| Q2 2017 | -4.3% | -2.4% | -1.6% | |
| Q1 2017 | -11.5% | -13.8% | -9.9% | |
| Q4 2016 | +0.1% | -1.9% | -0.2% | |
| Q3 2016 | +2.7% | +4.8% | -0.4% | |
| Q2 2016 | -5.2% | — | — | |
| Q1 2016 | +1.1% | — | — | |
| Q4 2015 | +1.7% | — | — | |
| Q3 2015 | -5.0% | — | — | |
| Q2 2015 | -4.4% | — | — | |
| Q1 2015 | +1.3% | — | — | |
| Q4 2014 | +7.5% | — | — | |
| Q3 2014 | -6.6% | — | — | |
| Q2 2014 | -4.2% | — | — | |
| Q1 2014 | -2.3% | — | — | |
| Q4 2013 | +6.3% | — | — | |
| Q3 2013 | -1.2% | — | — | |
| Q2 2013 | +2.0% | — | — | |
| Q1 2013 | +11.4% | — | — | |
| Q1 2012 | +11.4% | — | — | |
| Q4 2010 | -0.9% | — | — | |
| Q4 2012 | -7.9% | — | — | |
| Q3 2011 | -5.4% | — | — | |
| Q3 2012 | -5.8% | — | — | |
| Q2 2011 | -1.3% | — | — | |
| Q2 2012 | +0.6% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q3 2010 | +6.2% | — | — | |
| Q2 2010 | +2.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro