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WD-40 Reports Second Quarter Sales

Homecare and cleaning product sales fall 8%.

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By: TOM BRANNA

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WD-40 Company’s net sales for the second quarter ended Feb. 28, 2011 were $79.2 million, a decrease of 2% from the second quarter last fiscal year. Year-to-date net sales were $160.1 million, up 1% from the same period last fiscal year. Net income for the second quarter was $9.1 million, a decrease of 15% compared to the prior year fiscal quarter. Year-to-date net income was $18.2 million, a decrease of 9% from the prior fiscal year. Homecare and cleaning products sales were $13.8 million ...

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