WD-40 Company

WD-40 Company Reports Second Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024
Home Goods, Marketing, Retail, Communications, Specialty, PDT, Income tax, WD-40 Company, Advertising, Share repurchase, Growth, Investment, Pharmaceutical industry

Net sales of maintenance products, which are considered the primary growth focus for the Company, represented 94 percent of total net sales in the second quarter.

Key Points: 
  • Net sales of maintenance products, which are considered the primary growth focus for the Company, represented 94 percent of total net sales in the second quarter.
  • Net sales of maintenance products increased 7 percent in the second quarter when compared to the prior year fiscal quarter primarily due to higher sales of WD-40® Multi-Use Product in EIMEA.
  • Net sales of homecare and cleaning products represented 6 percent of total net sales in the second quarter.
  • Net sales of the homecare and cleaning products declined 3 percent in the second quarter when compared to the prior year fiscal quarter.

WD-40 Company Declares Regular Quarterly Dividend and Schedules Second Quarter 2024 Earnings Conference Call

Retrieved on: 
Tuesday, March 19, 2024
Home Goods, Marketing, Retail, Communications, Specialty, PDT, WD-40 Company, WDFC

The Company also announced that it has scheduled its second quarter 2024 earnings conference call for Tuesday, April 9, 2024 at 2:00 p.m. PDT.

Key Points: 
  • The Company also announced that it has scheduled its second quarter 2024 earnings conference call for Tuesday, April 9, 2024 at 2:00 p.m. PDT.
  • On this call, management will discuss financial results, business developments, and other matters affecting the Company.
  • A live webcast of the earnings conference call will be available on the Company’s investor relations website at http://investor.wd40company.com .
  • The Company’s quarterly earnings press release will cross the wire after market close on April 9, 2024.

WD-40 Company Acquires Current Brazilian Marketing Distributor

Retrieved on: 
Monday, March 4, 2024
Other Consumer, Marketing, Chemicals, Plastics, Communications, Specialty, Home Goods, Manufacturing, Consumer, Supply Chain Management, Retail, Acquisition, Growth, Learning curve, WD-40 Company, WDFC, Organization, M12, Theron, Workforce, Partnership, Sales

WD-40 Company (NASDAQ:WDFC) announced today that a definitive agreement has been entered into acquiring the company’s current Brazilian marketing distributor and long-time business partner, Theron Marketing Ltda.

Key Points: 
  • WD-40 Company (NASDAQ:WDFC) announced today that a definitive agreement has been entered into acquiring the company’s current Brazilian marketing distributor and long-time business partner, Theron Marketing Ltda.
  • WD-40 Company and Theron Marketing have worked closely together to market and sell WD-40® Brand products in Brazil.
  • Theron Marketing was established in 1997 to focus solely on the distribution and sales of WD-40 Company products in Brazil and does not market or sell any other products.
  • Pursuant to the terms of the transaction, WD-40 Holding Company Brasil Ltda., a wholly owned subsidiary of WD-40 Company, acquires all outstanding shares of common stock of Theron Marketing Ltda., a wholly owned subsidiary of M12 Participações Empresarias S.A., in an all-cash offer.

WD-40 Company Reports First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, January 9, 2024
Marketing, Retail, Communications, Other Retail, Home Goods, Specialty, Income tax, PST, Uncertainty, Share repurchase, Ambiguity, Investment, Advertising, WD-40 Company, Growth, Pharmaceutical industry

Net sales of homecare and cleaning products represented 6 percent of total net sales in the first quarter.

Key Points: 
  • Net sales of homecare and cleaning products represented 6 percent of total net sales in the first quarter.
  • The Company is currently conducting a strategic review regarding the future of its homecare and cleaning brands.
  • Under the plan, the Company is authorized to acquire up to $50.0 million of its outstanding shares through August 31, 2025.
  • As previously announced, WD-40 Company management will host a live webcast at approximately 2:00 p.m. PST today to discuss these results.

WD-40 Company Increases Quarterly Dividend and Schedules First Quarter 2024 Earnings Conference Call

Retrieved on: 
Tuesday, December 12, 2023
Retail, Other Retail, Home Goods, Manufacturing, Specialty, Other Manufacturing, WD-40 Company, WDFC, PST

The quarterly dividend is payable January 31, 2024 to stockholders of record at the close of business on January 19, 2024.

Key Points: 
  • The quarterly dividend is payable January 31, 2024 to stockholders of record at the close of business on January 19, 2024.
  • The Company also announced that it has scheduled its first quarter 2024 earnings conference call for Tuesday, January 9, 2024 at 2:00 p.m. PST.
  • A live webcast of the earnings conference call will be available on the Company’s investor relations website at http://investor.wd40company.com .
  • The Company’s quarterly earnings press release will cross the wire after market close on January 9, 2024.

WD-40 Company Announces 2023 Annual Meeting of Stockholders

Retrieved on: 
Tuesday, December 5, 2023
Home Goods, Marketing, Retail, Communications, Specialty, WD-40 Company, Webcast, WDFC, PST

To expand access to all stockholders, this year’s annual meeting will be conducted virtually.

Key Points: 
  • To expand access to all stockholders, this year’s annual meeting will be conducted virtually.
  • There will be no physical location for the annual meeting.
  • Anyone may enter the meeting as a guest in listen-only mode, but only stockholders of WD-40 Company as of the close of business on October 16, 2023, are entitled to vote or ask questions at the virtual meeting.
  • Stockholders who have already voted or do not wish to ask questions may enter the meeting as a guest in listen-only mode.

WD-40 Company Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, October 19, 2023
Professional Services, Retail, Home Goods, Manufacturing, Finance, Other Manufacturing, WD-40 Company, Advertising, WDFC, Video game, Pharmaceutical industry, Management

Total net sales for the fourth quarter were $140.5 million, an increase of 8 percent compared to the prior year fiscal quarter.

Key Points: 
  • Total net sales for the fourth quarter were $140.5 million, an increase of 8 percent compared to the prior year fiscal quarter.
  • Net income for the fourth quarter was $16.6 million, an increase of 12 percent compared to the prior year fiscal quarter.
  • Diluted earnings per share were $1.21 in the fourth quarter compared to $1.08 in the prior year fiscal quarter.
  • Gross margin was 51.4 percent in the fourth quarter compared to 47.4 percent in the prior year fiscal quarter.

WD-40 Company Declares Regular Quarterly Dividend and Schedules Fourth Quarter 2023 Earnings Conference Call

Retrieved on: 
Friday, October 6, 2023
Home Goods, Marketing, Retail, Communications, Specialty, WD-40 Company, WDFC, PDT

WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Friday, October 6, 2023 a quarterly dividend of $0.83 per share, payable October 31, 2023 to stockholders of record at the close of business on October 20, 2023.

Key Points: 
  • WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Friday, October 6, 2023 a quarterly dividend of $0.83 per share, payable October 31, 2023 to stockholders of record at the close of business on October 20, 2023.
  • The Company also announced that it has scheduled its fourth fiscal quarter 2023 earnings conference call for Thursday, October 19, 2023, at 2:00 p.m. PDT.
  • On this call, management will discuss financial results, business developments and other matters affecting the Company.
  • The Company’s quarterly earnings press release will cross the wire after market close on October 19, 2023.

New book shares practical insights and tested methods that allowed WD-40 Company to create a sustainable, highly engaged culture

Retrieved on: 
Wednesday, August 23, 2023
Great Resignation, Engine, Learning, Trafford, Trafford Publishing, WD-40 Company, Organizational culture, Education, SAN, WD-40, Work-to-rule, Management

SAN DIEGO, Aug. 23, 2023 /PRNewswire/ -- Stan Sewitch publishes his third book with the release of "Engage! How WD-40 Company Built the Engine of Positive Culture" (published by Trafford Publishing), a book designed to assist business owners and leaders in a world where "Quiet Quitting" and "The Great Resignation" has been a trend among employees.

Key Points: 
  • SAN DIEGO, Aug. 23, 2023 /PRNewswire/ -- Stan Sewitch publishes his third book with the release of " Engage!
  • This construction manual for CEOs provides practical insights and time-tested methods on how to build a sustainable, highly engaged organizational culture.
  • Using the WD-40 Company as the primary case in point, it discusses the six factors of human experience that are critical elements of creating high engagement.
  • These "engine parts" are the categories of intentional actions that leaders must take to positively improve their organizational culture, their engagement level, and their performance.

WD-40® Brand Launches WD-40 Precision Pen

Retrieved on: 
Wednesday, July 26, 2023
Aftermarket, Other Consumer, Chemicals, Plastics, Automotive, Consumer, Manufacturing, Brand, WD-40 Company, Precision, DIY, Amazon, Formula, Corrosion, Work, Originality, Electric motor

The WD-40 Precision Pen is compact and portable, and engineered to deliver the WD-40 Multi-Use Product — the Original WD-40 Formula — with pinpoint precision.

Key Points: 
  • The WD-40 Precision Pen is compact and portable, and engineered to deliver the WD-40 Multi-Use Product — the Original WD-40 Formula — with pinpoint precision.
  • “The WD-40 Precision Pen is designed to be the perfect addition to any toolbox, serving as your trusted sidekick for projects of any size, anywhere.
  • The WD-40 Precision Pen is now available for purchase on Amazon and will soon be available for purchase at leading retailers nationwide.
  • For more information about the WD-40 Precision Pen visit wd40.com/products/precision-pen .