WD-40 Faces Rising Supply Costs Due to Iran War
WD-40 is experiencing increased costs for petroleum-based specialty chemicals, partly due to geopolitical tensions in the Middle East. The company expects the impact on its gross margin to be delayed until the fourth quarter of fiscal 2026, with the duration of the conflict influencing mitigation strategies. Despite the challenges, WD-40 remains confident in achieving its 2026 sales growth targets.
Topics: geopolitical risk Iran war petroleum-based chemicals raw material costs supply chain WD-40