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Results fall more than 16%.
July 9, 2009
By: TOM BRANNA
Editor
Like many other companies in the household and personal products space, it hasn’t been smooth sailing for chemical specialties marketer WD-40 Company. Sales fell 16.2% to $68.8 million in the fiscal third quarter ended May 31. Net income fell 14.6% to $6.9 million. On the year, sales fell 10.8% to $214.3 million and net income tumbled 18.7% to $18.7 million. “Although we have certainly seen the impact of the overall weakness in the global economy and have had signicant negative...
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