Content about WD-40 Company

July 10, 2014

Though sales were up 3% and income increased 1% for WD-40 Company in the third quarter, shares for the lubricants and cleaner supplier were down more than 6% Thursday morning after management narrowed the full-year guidance.

Net sales for the quarter came in at $95.7 million, up from $93.1 million in the same quarter last year. This was largely carried by sales of multi-purpose maintenance products; sales of homecare and cleaning products decreased 1%.

May 19, 2014

As U.S. military personnel continue to face difficult challenges transitioning back into the civilian workforce, WD-40 Company is introducing the limited edition “Help Hire a Hero” WD-40 Smart Straw cans to help support the U.S. Chamber of Commerce’s Hiring Our Heroes program.

For every “Help Hire a Hero” can purchased, WD-40 Company will donate 10 cents to Hiring Our Heroes. The special cans are only available for a limited time while supplies last.  

April 9, 2014

San Diego-based WD-40 Company reported second-quarter net sales of $94.2 million, up 9% from the same quarter last year.

Net income, however, slipped 1% to $10.3 million. 

April 7, 2014

Very few stocks managed to get ahead on Friday; Boise Cascade (BCC), Sherwin-Williams (SHW) and WD-40 Company (WDFC) all took hits of 3% or more. 

March 5, 2014

WD-40 Company (WDFC) enjoyed the pinnacle of Tuesday's overall upswing, rising 3.66%.

January 9, 2014

San Diego-based WD-40 Company reported gains in sales and net income in the first quarter and also the largest sales quarter in the company's history.

WD-40 sales for the quarter ended Nov. 30 were $95.5 million, up slightly from $95.3 million in the same quarter last year. Net income of $11.5 million was up 5% from $10.9 million.

"We are pleased that we were able to improve our gross margin in the quarter, which was in part due to our supply chain improvement initiatives," said CEO Garry Ridge.

October 18, 2013

WD-40 Co. reported growth in net sales for the fourth quarter ended Aug. 31, though net income was down on a year-over-year basis.

Net sales saw an increase of 10% from 2012's fourth-quarter sales, with year-to-date sales up 8% year-over-year at $368.5 million. Multi-purpose maintenance products, the company's main product category, saw an even bigger boost, with a 16% increase to $81.6 million. Homecare and cleaning products were down 16% to $11.9 million, though the company is focusing less on this category as multi-purpose maintenance products experience increased growth.

August 7, 2013

San Diego-based WD-40 Company is adding three new products to its WD-40 Specialist line -- a Dirt & Dust Resistant Dry Lube, Machine & Engine Degreaser and Electrical Contact Cleaner Spray.

Developed at the WD-40 Company Research and Development Center, all of the new WD-40 Specialist products are 50-state VOC compliant, the company said. 

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