Company News, Financial News

WD-40 is On Track To Meet Sales & Earnings Goals

Author Image

By: TOM BRANNA

Editor

WD-40 Company reported net sales for the quarter ended Nov. 30, 2003 of $52.5 million, a 2.3% increase over the first quarter of the previous fiscal year. Net income was $4.4 million for the quarter, up 0.8% compared to the prior-year period. “We had a solid quarter and are well poised to meet our goals for the year,” said Garry O. Ridge, president and chief executive officer, WD-40 Company. For fiscal year 2004, which ends Aug. 31, WD-40 expects a net sales increase of 9.4% over fiscal 2003....

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters