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December 3, 2013
By: TOM BRANNA
Editor
WD-40 said its home care and cleaning products sales fell 16% to $11.9 million in the fiscal fourth quarter ended Aug. 31, 2013 and dropped 15% on the year to $47.6 million. The company noted that US home care and cleaning products are considered harvest brands providing healthy profit returns to the company but are becoming a smaller part of the business. Overall, WD-40’s fourth quarter sales rose 10% to $93.5 million. Full-year sales rose 8% to $368.5 million. Net income fell 9% to $8.1 milli...
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