Menu
Posted July 7, 2016

WD-40 sales up 4 percent

WD-40 Company reported total net sales for the third quarter were $96.4 million, an increase of 4 percent compared to the prior year fiscal quarter.


Year-to-date total net sales were $283.5 million, a decrease of 1 percent compared to the prior year fiscal period.

Net income for the quarter was $12.7 million, an increase of 16 percent compared to the prior year fiscal quarter. Year-to-date net income was $38.4 million, an increase of 16 percent from the prior year fiscal period.

Net sales of maintenance products, which are considered the primary growth focus for the company, increased 6 percent in the third fiscal quarter when compared to the prior fiscal year period. The company said the growth was driven in part by strong WD-40 Multi-Use Product sales in the United States and Asia.

SPONSORED ADS