Quarterly ResultApr 9, 2026, 04:17 PM
WD-40 Reports Q2 2026 Balance Sheet: Cash and Equivalents Decline 13.4% to $50.3M, Inventories Rise 7.1%
AI Summary
WD-40 Company's latest quarterly report for the period ended February 28, 2026, reveals shifts in its balance sheet. Cash and cash equivalents decreased by 13.4% to $50.3 million from $58.1 million at August 31, 2025. Concurrently, inventories increased by 7.1% to $85.5 million, potentially indicating a build-up in stock. Total current assets remained relatively stable, experiencing a slight decrease of 0.2% to $284.4 million. These movements in working capital components suggest changes in operational liquidity and inventory management strategies over the period.
Key Highlights
- Cash and cash equivalents decreased by $7.8 million, or 13.4%, to $50.3 million as of February 28, 2026, from $58.1 million at August 31, 2025.
- Inventories increased by $5.7 million, or 7.1%, reaching $85.5 million on February 28, 2026, compared to $79.9 million at August 31, 2025.
- Trade and other accounts receivable, net, saw a modest increase of 0.5% to $121.2 million from $120.6 million over the same period.
- Total current assets experienced a slight decline of 0.2%, settling at $284.4 million as of February 28, 2026, down from $285.0 million at August 31, 2025.
- Property and equipment, net, decreased by 2.4% to $59.0 million from $60.4 million.
Price Impact
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