Company News, Financial News

Multi-Purpose Maintenance Big at WD-40

Net sales rise 3% in third quarter 2014.

WD-40 posted favorable financial results for its fiscal third quarter ended May 31, 2014.Total net sales for the third quarter increased 3% to $95.7 million. Year-to-date total net sales were $285.4 million, an increase of 4%, according to the company, which reported that multi-purpose maintenance products were a big driver in sales so far. Net income inched up 1% to $10.4 million.   “We are pleased with the solid progress we have made for the year and remain confident that our strategic i...

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