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WD-40 Company Message Board

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    • WD-40 Company Reports Second Quarter 2014 Sales And Earnings
      PR Newswire WD-40 Company
      April 8, 2014 4:00 PM
      SAN DIEGO, April 8, 2014 /PRNewswire/ -- WD-40 Company (WDFC) today reported net sales for the second quarter ended February 28, 2014 of $94.2 million, an increase of 9% from the second quarter last fiscal year. Year-to-date net sales were $189.7 million, up 4% from the same period last fiscal year.

      Net income for the second quarter was $10.3 million, a decrease of 1% compared to the prior year fiscal quarter. Year-to-date net income was $21.8 million, an increase of 2% from the prior fiscal year period.

      Summary

      Second quarter multi-purpose maintenance products sales, which include the WD-40® and 3-IN-ONE® brands were $83.8 million, up 11% from the prior year fiscal quarter, and $167.8 million year-to-date, up 7% from the same period last fiscal year. The multi-purpose maintenance products are considered a primary focus for the Company. Homecare and cleaning products sales, which include all other brands, were $10.4 million for the second quarter, down 8%, and were $21.9 million year-to-date, down 11%, both as compared to the prior fiscal year periods. The U.S. homecare and cleaning products are considered harvest brands providing healthy profit returns to the Company and are becoming a smaller part of the business as the multi-purpose maintenance products sales grow.

      Americas segment sales in the second quarter were $45.2 million, up 12% and were $89.3 million year-to-date, up 4% compared to the same periods last fiscal year period. The Europe, Middle East, Africa and India ("EMEA") segment sales in the second quarter were $38.1 million, up 16% from the prior year fiscal quarter and were $74.6 million, up 9% compared to the prior fiscal year period. Asia-Pacific segment sales were $10.9 million in the second quarter, down 21% and were $25.8 million year-to-date, down 8% compared to the same periods last fiscal year.

      Sentiment: Hold

    • WD-40 Company Reports Second Quarter 2013 Sales And Earnings
      SAN DIEGO, April 4, 2013 -- WD-40 Company (WDFC) today reported net sales for the second quarter ended February 28, 2013 of $86.7 million, an increase of 1% from the second quarter last fiscal year. Year-to-date net sales were $182.0 million, up 6% from the same period last fiscal year.

      Net income for the second quarter was $10.5 million, a decrease of 1% compared to the prior year fiscal quarter. Year-to-date net income was $21.4 million, an increase of 23% from the prior fiscal year period.

      Summary

      Second quarter multi-purpose maintenance products sales, which include the WD-40®, 3-IN-ONE® and BLUE WORKS® brands were $75.4 million, up 6% from the prior year fiscal quarter, and $157.2 million year-to-date, up 11% from the same period last fiscal year. The multi-purpose maintenance products are considered a primary focus for the Company. Homecare and cleaning products sales, which include all other brands, were $11.3 million for the second quarter, down 23%, and were $24.8 million year-to-date, down 14%, both as compared to the prior fiscal year periods. The U.S. homecare and cleaning products are considered harvest brands providing healthy profit returns to the Company and are becoming a smaller part of the business as the multi-purpose maintenance products sales grow.

      Americas segment sales in the second quarter were $40.2 million, down 13% compared to the second quarter last fiscal year and were $85.6 million year-to-date, down 1% compared to the prior fiscal year period. Europe segment sales in the second quarter were $32.4 million, up 16% and were $67.6 million year-to-date, also up 16% compared to the same periods last fiscal year. Asia-Pacific segment sales were $14.1 million in the second quarter

      Sentiment: Hold

 
WDFC
67.66+0.17(+0.25%)Sep 19 4:00 PMEDT

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