Company News, Financial News

WD-40 Reports Q3 Results

Net sales declined 14% compared to Q3 2019.

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By: Charlie Sternberg

Associate Editor

WD-40 Company has reported financial results for its third fiscal quarter ended May 31, 2020. Total net sales for the third quarter were $98.2 million, a decrease of 14 percent compared to the prior year fiscal quarter. Year-to-date total net sales were $296.9 million, a decrease of 6 percent compared to the prior year fiscal period.   “Our total sales in the third quarter declined by 14 percent due to disruptions related to the COVID-19 pandemic,” said Garry Ridge, WD-40 Company&#...

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