What CEOs Are Saying: Packaged Foods and Consumer Products
Three new earnings calls from WD-40, PriceSmart, and Simply Good Foods
Markets are jittery this weekend. U.S. stock futures sold off after President Trump announced a naval blockade of the Strait of Hormuz following failed peace talks with Iran, with Dow futures dropping over 460 points. Oil prices were already moving before that news landed.
You can see the downstream effects playing out in real time in the earnings calls below. For example, WD-40 blew up its own margin guidance because crude assumptions shifted $30 a barrel mid-quarter, and Simply Good Foods is trying to rebuild a business while whey protein hits historic highs. The macro environment right now is a test of, among other things, how well leadership teams actually understand their cost structures.
WD-40 Company (WDFC)
Q2 FY2026 Earnings Call
Results: solid, with revenue up 11% year over year and guidance reaffirmed — though profit expectations were walked back
