Company News, Financial News

WD-40 Posts Gains for Q4, Fiscal Year

Net sales for 2013 rise 8% to $368.5 million.

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By: TOM BRANNA

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WD-40 Company posted net sales for the quarter ended Aug. 31, 2013 rose 10% to $93.5 million. Year-to-date net sales increased 8% to $368.5 million. Net income for the fourth quarter fell 9% to $8.1 million. Year-to-date net income rose 125 to $39.8 million. Fourth quarter multi-purpose maintenance products sales, which include the WD-40, 3-in-One, and Blue Works brands were up 16% to $81.6 million from the prior year fiscal quarter, and $320.9 million year-to-date, up 12% from the prior fiscal...

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