On its fourth quarter of fiscal year 2026 earnings call, held on Oct. 21, 2026, WD-40 (WDFC -4.39%) announced full fiscal year net sales of $688 million, up 11% year over year. The company relies on its asset-light business model, which requires minimal capital expenditure to compound returns over time. Understanding management's execution across geographic expansion and margin recovery is essential for evaluating its long-term trajectory. Three takeaways stood out for long-term investors on the call.1. Jap ...