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December 19, 2002
By: TOM BRANNA
Editor
WD-40 Co., San Diego, CA, maker of the WD-40 lubricant and toilet cleaner 2000 Flushers, reported flat quarterly earnings on higher revenue, due to growth from abroad and strong U.S. sales of its Spot Shot and Carpet Fresh brands.Net income was $4.4 million, compared with $4.4 million the year before, amid an increase of outstanding shares. Net sales for its fiscal first quarter ended Nov. 30 was $51.4 million, up 6% from $48.5 million last year. WD-40 said it expects 15% sales growth over 2002....
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