FALSE000010513200001051322024-10-172024-10-17

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________
FORM 8-K
___________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): October 17, 2024
WD-40 COMPANY
(Exact Name of Registrant as specified in its charter)
___________
Delaware
(State or other jurisdiction of incorporation or organization)
000-06936
(Commission File Number)
WD 40 CO
(Commission Company Name)
95-1797918
(I.R.S. Employer
Identification Number)
9715 Businesspark Avenue, San Diego, California 92131
(Address of principal executive offices, with zip code)
(619) 275-1400
(Registrant’s telephone number, including area code)
n/a
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
oWritten Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of exchange on which registered
Common stock, par value $0.001 per shareWDFCNASDAQ
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging Growth Company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act o


ITEM 2.02.    Results of Operations and Financial Condition
On October 17, 2024, WD-40 Company issued a news release with respect to earnings for the quarter ended August 31, 2024. The full text of the news release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
All of the information furnished in this Item 2.02 and Item 9.01 (including Exhibit 99.1) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
ITEM 9.01.    Financial Statements and Exhibits
(d)Exhibits
Exhibit No.Description
99.1
104The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WD-40 Company
(Registrant)
Date: October 17, 2024
/s/ SARA K. HYZER
Sara K. Hyzer
Vice President, Finance and
Chief Financial Officer


EXHIBIT 99.1
WD-40 Company Reports Fourth Quarter and Fiscal Year 2024 Financial Results
~ Global net sales grew 11 percent in the fourth quarter compared to the prior year fiscal quarter ~
~ Management issues fiscal year 2025 guidance ~
SAN DIEGO — October 17, 2024 — WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today reported financial results for its fourth quarter and fiscal year ended August 31, 2024.
Fourth Quarter Highlights and Summary:
•Total net sales were $156.0 million, an increase of 11 percent compared to the prior year fiscal quarter.
•Excluding the impact of foreign currency exchange rates, net sales would have increased 11 percent to $156.5 million compared to the prior year fiscal quarter.(1)
•Total maintenance product sales were $147.5 million, an increase of 12 percent compared to the prior year fiscal quarter.
•Gross margin was 54.1 percent compared to 51.4 percent in the prior year fiscal quarter.
•Selling, general, and administrative expenses were $49.1 million, up 27 percent compared to the prior year fiscal quarter.
•Advertising and sales promotion expenses were $10.9 million, up 11 percent compared to the prior year fiscal quarter.
•Net income was $16.8 million, an increase of 1 percent compared to the prior year fiscal quarter.
•Foreign currency exchange rates did not have a significant effect on net income compared to the prior year fiscal quarter.
•Diluted earnings per share were $1.23 compared to $1.21 in the prior year fiscal quarter.
Fiscal Year 2024 Highlights and Summary:
•Total net sales were $590.6 million, an increase of 10 percent compared to the prior fiscal year.
•Excluding the impact of foreign currency exchange rates, net sales would have increased 8 percent to $582.7 million compared to the prior fiscal year.(1)
•Gross margin was 53.4 percent compared to 51.0 percent in the prior fiscal year.
•Selling, general, and administrative expenses were $183.9 million, up 19 percent compared to the prior fiscal year.
•Advertising and sales promotion expenses were $33.9 million, up 18 percent compared to the prior fiscal year.
•Net income was $69.6 million, an increase of 6 percent compared to the prior fiscal year.
•Excluding the favorable impact of foreign currency exchange rates, net income would have increased 3 percent to $68.2 million compared to the prior fiscal year.(1)
•Diluted earnings per share were $5.11 compared to $4.83 for the prior fiscal year.

"Fiscal year 2024 was exceptionally strong for WD-40 Company," said Steve Brass, president and chief executive officer. "We delivered double-digit revenue growth, with all of our trading blocs performing within or above their target ranges. WD-40 Multi-Use Product, the core of our business, grew revenue 11 percent year over year, and we saw a significant year over year margin recovery of 240 basis points. Our performance demonstrates the strength of our brand and the effectiveness of our strategy.



"Our Four-by-Four Strategic Framework is working. We're turning up the heat on our Must-Win Battles, from geographic expansion to digital commerce. The success we've seen in Brazil and Mexico gives us confidence that we can unlock further game-changing opportunities in emerging markets. As part of our overall commitment to focus on WD-40’s core business, we’ve announced our intention to divest our homecare and cleaning products portfolio. This strategic move will allow us to concentrate our resources on innovating and extending the reach of our higher-growth, higher-margin maintenance products.

"We've also recently introduced our new mantra, 'few things, many places, bigger impact.' This focused approach is already driving efficiencies and better returns on our investments globally, in areas such as product innovation and systems implementation. It's helping us leverage our global presence to drive faster growth and operational excellence. Throughout this growth journey, our strategy remains simple: make our products available in more places and put more cans in the hands of our target end users around the world.

“Looking ahead to fiscal year 2025, we’re well positioned to continue our growth trajectory. Our focus remains on executing our strategy, expanding in high-potential markets across the globe, and driving operational efficiencies. With our strong brand, clear strategy, and engaged workforce, we are confident in our ability to continue delivering long-term value to our stockholders,” concluded Brass.
Net Sales by Segment (in thousands):
Three Months Ended August 31,Fiscal Year Ended August 31,
20242023DollarsChange20242023DollarsChange
Americas (2)
$79,198 $74,738 $4,460 6 %$281,883 $266,772 $15,111 6 %
EIMEA (3)
58,579 50,713 7,866 16 %221,045 190,818 30,227 16 %
Asia-Pacific (4)
18,214 15,001 3,213 21 %87,629 79,665 7,964 10 %
Total$155,991 $140,452 $15,539 11 %$590,557 $537,255 $53,302 10 %

Fourth Quarter Highlights by Segment:

Americas
•The Americas segment represented 51 percent of total net sales in the fourth quarter.
•Net sales in the Americas increased $4.5 million or 6 percent in the fourth quarter compared to the prior year fiscal quarter. The increase was due primarily to an increase in net sales of WD-40® Multi-Use Product of $4.2 million or 7 percent compared to the prior year fiscal quarter. WD-40® Multi-Use Product sales increased most significantly in Latin America, which were up $5.9 million, and were partially offset by lower sales in the United States of $1.7 million.
•Net sales of WD-40 Specialist® increased $0.6 million or 6 percent in the fourth quarter due primarily to strong sales in Latin America and Canada.
EIMEA
•The EIMEA segment represented 37 percent of total net sales in the fourth quarter.
•Net sales in EIMEA increased $7.9 million or 16 percent in the fourth quarter compared to the prior year fiscal quarter. The increase was due primarily to an increase in net sales of WD-40® Multi-Use Product of $6.2 million or 16 percent. WD-40® Multi-Use Product sales increased most significantly in the EIMEA distributor markets which were up $4.8 million. WD-40® Multi-Use Product sales also increased in France and the DACH(5) region, which were up $1.0 million and $0.6 million, respectively.
•Net sales of WD-40 Specialist® increased $0.9 million or 13 percent due primarily to the combined impact of higher sales volume and the favorable impact of price increases across the regions.
•Translation of the Company’s foreign subsidiaries’ results from their functional currencies to U.S. dollars had a favorable impact on sales in EIMEA for the current quarter. On a non-GAAP constant currency basis, net sales in EIMEA would have been $58.1 million for the fourth quarter.(1)



Asia-Pacific
•The Asia-Pacific segment represented 12 percent of total net sales in the fourth quarter.
•Net sales in Asia-Pacific increased $3.2 million or 21 percent in the fourth quarter compared to the prior year fiscal quarter. This increase was due primarily to an increase in sales of WD-40® Multi-Use Product of $2.9 million or 26 percent. WD-40® Multi-Use Product sales increased most significantly in the Asia distributor markets, which were up $2.9 million due to successful brand building programs in certain regions and the timing of customer orders.
•Net sales of WD-40 Specialist® increased $0.4 million or 24 percent due primarily to successful brand building in certain regions and the timing of customer orders.
•Translation of the Company’s foreign subsidiaries’ results from their functional currencies to U.S. dollars did not have a significant impact on sales in Asia-Pacific for the current quarter.
Net Sales by Product Group (in thousands):
Three Months Ended August 31,Fiscal Year Ended August 31,
20242023DollarsChange20242023DollarsChange
WD-40 Multi-Use Product118,961 $105,672 $13,289 13 %$452,925 $407,672 $45,253 11 %
WD-40 Specialist20,055 18,148 1,907 11 %73,938 66,714 7,224 11 %
Other maintenance products (6)
8,474 7,997 477 6 %31,173 29,172 2,001 7 %
Total maintenance products147,490 131,817 15,673 12 %558,036 503,558 54,478 11 %
HCCP (7)
8,501 8,635 (134)(2)%32,521 33,697 (1,176)(3)%
Total$155,991 $140,452 $15,539 11 %$590,557 $537,255 $53,302 10 %
•Net sales of maintenance products increased 13 percent in the fourth quarter when compared to the prior year fiscal quarter primarily due to increased sales of WD-40® Multi-Use Product in EIMEA, Latin America, and the Asia distributor markets from period to period. Maintenance products are considered the primary strategic focus for the Company.
•Net sales of homecare and cleaning products decreased 2 percent in the fourth quarter compared to the prior year fiscal quarter. The homecare and cleaning products, particularly those in the Americas, are considered harvest brands providing consistent profit returns to the Company and are becoming a smaller part of the business as net sales of maintenance products grow in alignment with the Company’s Four-by-Four Strategic Framework. The Company has previously disclosed its intent to actively pursue the sale of its homecare and cleaning product portfolios in the Americas and the United Kingdom.
Dividend and Share Repurchase Update
•On October 4, 2024, the Company’s board of directors declared a regular quarterly dividend of $0.88 per share payable on October 31, 2024 to stockholders of record at the close of business on October 18, 2024.
•On June 19, 2023, the Company’s board approved a share repurchase plan that became effective on September 1, 2023. Under the plan, the Company is authorized to acquire up to $50.0 million of its outstanding shares through August 31, 2025.
•During fiscal year 2024, the Company repurchased 34,250 shares at a total cost of $8.1 million under this $50.0 million plan.
•The timing and amount of repurchases under the plan are based on terms and conditions as may be acceptable to the Company’s chief executive officer and chief financial officer, subject to present loan covenants, and in compliance with all laws and regulations applicable thereto.



Fiscal Year 2025 Guidance
The Company is providing the following fiscal year guidance on a pro forma basis, excluding the full fiscal year financial impact of the homecare and cleaning product portfolios the Company expects to divest in fiscal year 2025:
•Net sales growth from the 2024 pro forma results is projected to be between 6 and 11 percent with net sales expected to be between $600 million and $630 million on a non-GAAP constant currency basis.
•Gross margin for the full year is expected to be between 54 and 55 percent.
•Advertising and promotion investments are projected to be around 6 percent of net sales.
•Operating income is projected to be between $95 million and $100 million. This range reflects anticipated growth of between 6 to 12 percent compared to 2024 pro forma results.
•The provision for income tax is expected to be around 24 percent.
•Diluted earnings per share is expected to be between $5.20 and $5.45 based on an estimated 13.5 million weighted average shares outstanding. This range reflects anticipated growth of between 9 to 14 percent compared to 2024 pro forma results.

“Our fiscal year 2024 performance demonstrates the power of the WD-40 Company business model, with strong performance across all trading blocs and the successful implementation of several strategic initiatives,” said Sara Hyzer, WD-40 Company's vice president, finance and chief financial officer. “Our gross margin has improved substantially, exceeding our guidance range and moving us closer to our 55 percent target. This improvement was primarily driven by favorable sales mix, lower input costs, and enhanced operational efficiencies across our global supply chain.

“Consistent with our increased focus, we continue to make progress on the divestiture of our Americas and United Kingdom homecare and cleaning product portfolios and we expect to complete this transaction in the first half of fiscal year 2025. Looking ahead, we’re guiding for net sales growth of between 6 and 11 percent on a pro forma basis in fiscal year 2025, excluding the financial impact of the homecare and cleaning brands we expect to divest this fiscal year.”

This guidance is expressed in good faith and is based on management’s current view of anticipated results on a pro forma basis. Unanticipated inflationary headwinds and other unforeseen events may further affect the Company’s financial results. Net sales guidance presented on a non-GAAP constant currency basis use weighted average fiscal year 2024 foreign currency exchange rates. In the event the Company is unsuccessful in the divestiture of its homecare and cleaning products in the Americas and United Kingdom, its guidance would be positively impacted by approximately $23 million in net sales, approximately $6 million in operating income, and approximately $0.33 in diluted EPS for the full fiscal year.

Webcast Information
As previously announced, WD-40 Company management will host a live webcast at approximately 2:00 p.m. PDT today to discuss these results. Other forward-looking and material information may also be discussed during this call. Please visit http://investor.wd40company.com for more information and to view supporting materials.
About WD-40 Company
WD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories, and homes around the world. The Company owns a wide range of well-known brands that include maintenance products and homecare and cleaning products: WD-40® Multi-Use Product, WD-40 Specialist®, 3-IN-ONE®, GT85®, 2000 Flushes®, no vac®, 1001®, Spot Shot®, Lava®, Solvol®, X-14®, and Carpet Fresh®.
Headquartered in San Diego, California, USA, WD-40 Company recorded net sales of $590.6 million in fiscal year 2024 and its products are currently available in more than 176 countries and territories worldwide. WD-40 Company is traded on the NASDAQ Global Select Market under the ticker symbol “WDFC.” For additional information about WD-40 Company please visit http://www.wd40company.com.


Forward-Looking Statements
Except for the historical information contained herein, this press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect the Company’s current expectations with respect to currently available operating, financial and economic information. These forward-looking statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated in or implied by the forward-looking statements. These forward-looking statements are generally identified with words such as “believe,” “expect,” “intend,” “plan,” “project,” “could,” “may,” “aim,” “anticipate,” “target,” “estimate” and similar expressions.
Our forward-looking statements include, but are not limited to, discussions about future financial and operating results; expected benefits from the acquisition or divestiture transaction; acquired business not performing as expected; assuming unexpected risks, liabilities and obligations of the acquired business; disruption to the parties’ business as a result of the announcement and acquisition or divestiture transaction; integration of acquired business and operations into the company; the Company's ability to successfully complete any planned divestiture; expected timing of the closing for the divestiture; expected proceeds from the divestiture; the intended use of proceeds by the Company from the divestiture transaction; impact of the divestiture transaction on the Company's stock price or EPS;  growth expectations for maintenance products; expected levels of promotional and advertising spending; anticipated input costs for manufacturing and the costs associated with distribution of our products; plans for and success of product innovation; the impact of new product introductions on the growth of sales; anticipated results from product line extension sales; expected tax rates and the impact of tax legislation and regulatory action; changes in the political conditions or relations between the United States and other nations; the impacts from inflationary trends and supply chain constraints; changes in interest rates; and forecasted foreign currency exchange rates and commodity prices.
The Company’s expectations, beliefs and forecasts are expressed in good faith and are believed by the Company to have a reasonable basis, but there can be no assurance that the Company’s expectations, beliefs or forecasts will be achieved or accomplished. All forward-looking statements reflect the Company’s expectations as of October 17, 2024. We undertake no obligation to revise or update any forward-looking statements.
Actual events or results may differ materially from those projected in forward-looking statements due to various factors, including, but not limited to, those identified in Part I—Item 1A, “Risk Factors,” in the Company’s Annual Report on Form 10-K for the fiscal year ended August 31, 2023 which the Company filed with the SEC on October 23, 2023, and in Part I—Item 1A, “Risk Factors,” in the Company’s Annual Report on Form 10-K for the fiscal year ended August 31, 2024, which the Company expects to file with the SEC on October 21, 2024.


Table Notes and General Definitions
(1)In order to show the impact of changes in foreign currency exchange rates on our results of operations, we have included constant currency disclosures, where necessary, in this press release. Constant currency disclosures represent the translation of our current fiscal year revenues, expenses and net income from the functional currencies of our subsidiaries to U.S. dollars using the exchange rates in effect for the corresponding period of the prior fiscal year. Results on a constant currency basis are not in accordance with accounting principles generally accepted in the United States of America (“non-GAAP”) and should be considered in addition to, not as a substitute for, results prepared in accordance with U.S. GAAP. We use results on a constant currency basis as one of the measures to understand our operating results and evaluate our performance in comparison to prior periods in order to enhance the visibility of the underlying business trends, excluding the impact of translation arising from foreign currency exchange rate fluctuations. Management believes this non-GAAP financial measure provides investors with additional financial information that should be considered when assessing our underlying business performance and trends. However, reference to constant currency basis should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with U.S. GAAP.
(2)The Americas segment consists of the U.S., Canada and Latin America.
(3)The EIMEA segment consists of countries in Europe, India, the Middle East and Africa.
(4)The Asia-Pacific segment consists of Australia, China and other countries in the Asia region.
(5)The DACH region is comprised of the countries of Germany, Austria and Switzerland.
(6)The Company markets its other maintenance products under the GT85® and 3-IN-ONE® brand names.
(7)The Company markets its homecare and cleaning products (“HCCP”) under the X-14®, 2000 Flushes®, Carpet Fresh®, no vac®, Spot Shot®, 1001®, Lava®, and Solvol® brand names.










WD-40 COMPANY
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited and in thousands, except share and per share amounts)
August 31,
2024		August 31,
2023
Assets
Current assets:
Cash and cash equivalents$46,699 $48,143 
Trade and other accounts receivable, net117,493 98,039 
Inventories79,088 86,522 
Other current assets12,161 15,821 
Total current assets255,441 248,525 
Property and equipment, net62,983 66,791 
Goodwill96,985 95,505 
Other intangible assets, net6,222 4,670 
Right-of-use assets11,611 7,820 
Deferred tax assets, net993 1,201 
Other assets14,804 13,454 
Total assets$449,039 $437,966 
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable$35,960 $30,826 
Accrued liabilities31,272 30,000 
Accrued payroll and related expenses26,055 16,722 
Short-term borrowings8,659 10,800 
Income taxes payable1,554 494 
Total current liabilities103,500 88,842 
Long-term borrowings85,977 109,743 
Deferred tax liabilities, net9,066 10,305 
Long-term operating lease liabilities5,904 5,832 
Other long-term liabilities14,066 13,066 
Total liabilities218,513 227,788 
Commitments and Contingencies
Stockholders’ equity:
Common stock — authorized 36,000,000 shares, $0.001 par value; 19,925,212 and 19,905,815 shares issued at August 31, 2024 and 2023, respectively; and 13,548,581 and 13,563,434 shares outstanding at August 31, 2024 and 2023, respectively20 20 
Additional paid-in capital175,642 171,546 
Retained earnings499,931 477,488 
Accumulated other comprehensive income (loss)(29,268)(31,206)
Common stock held in treasury, at cost — 6,376,631 and 6,342,381 shares at August 31, 2024 and 2023, respectively(415,799)(407,670)
Total stockholders’ equity230,526 210,178 
Total liabilities and stockholders’ equity$449,039 $437,966 


WD-40 COMPANY
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited and in thousands, except per share amounts)
Three Months Ended August 31,Fiscal Year Ended August 31,
2024202320242023
Net sales$155,991 $140,452 $590,557 $537,255 
Cost of products sold71,646 68,327 275,330 263,035 
Gross profit84,345 72,125 315,227 274,220 
Operating expenses:
Selling, general and administrative49,137 38,815 183,859 154,684 
Advertising and sales promotion10,858 9,823 33,911 28,807 
Amortization of definite-lived intangible assets300 252 1,106 1,005 
Total operating expenses60,295 48,890 218,876 184,496 
Income from operations24,050 23,235 96,351 89,724 
Other income (expense):
Interest income198 67 474 231 
Interest expense(951)(1,346)(4,287)(5,614)
Other (expense) income, net(514)264 (1,030)822 
Income before income taxes22,783 22,220 91,508 85,163 
Provision for income taxes5,999 5,645 21,864 19,170 
Net income $16,784 $16,575 $69,644 $65,993 
Earnings per common share:
Basic$1.23 $1.22 $5.12 $4.84 
Diluted$1.23 $1.21 $5.11 $4.83 
Shares used in per share calculations:
Basic13,54813,56713,55413,578
Diluted13,57713,59713,58013,604



WD-40 COMPANY
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited and in thousands)
Fiscal Year Ended August 31,
20242023
Operating activities:
Net income$69,644 $65,993 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 9,456 8,151 
Net gains on sales and disposals of property and equipment(241)(90)
Deferred income taxes(1,156)(1,254)
Stock-based compensation6,535 6,434 
Amortization of cloud computing implementation costs1,221 270 
Unrealized foreign currency exchange losses (gains), net200 (1,702)
Provision for credit losses325 391 
Write-off of inventories1,425 713 
Changes in assets and liabilities:
Trade and other accounts receivable(15,498)(5,339)
Inventories6,414 19,367 
Other assets(1,444)(1,637)
Operating lease assets and liabilities, net(35)49 
Accounts payable and accrued liabilities4,322 (213)
Accrued payroll and related expenses8,879 4,965 
Other long-term liabilities and income taxes payable1,987 2,293 
Net cash provided by operating activities92,034 98,391 
Investing activities:
Purchases of property and equipment(4,206)(6,871)
Proceeds from sales of property and equipment672 655 
Acquisition of business, net of cash acquired(6,201)— 
Net cash used in investing activities(9,735)(6,216)
Financing activities:
Treasury stock purchases(8,094)(10,434)
Dividends paid(47,201)(44,581)
Repayments of long-term senior notes(800)(800)
Net repayments from revolving credit facility(25,402)(28,372)
Shares withheld to cover taxes upon conversion of equity awards(2,439)(861)
Net cash used in financing activities(83,936)(85,048)
Effect of exchange rate changes on cash and cash equivalents193 3,173 
Net (decrease) increase in cash and cash equivalents(1,444)10,300 
Cash and cash equivalents at beginning of period48,143 37,843 
Cash and cash equivalents at end of period$46,699 $48,143 

v3.24.3
Document And Entity Information
Oct. 17, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Oct. 17, 2024
Entity Registrant Name WD-40 COMPANY
Entity Incorporation, State or Country Code DE
Entity File Number 000-06936
Entity Tax Identification Number 95-1797918
Entity Address, Address Line One 9715 Businesspark Avenue
Entity Address, City or Town San Diego
Entity Address, State or Province CA
Entity Address, Postal Zip Code 92131
City Area Code (619)
Local Phone Number 275-1400
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.001 per share
Trading Symbol WDFC
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0000105132
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