WD-40 Co. (WDFC) Reported Better Than Expected Q1 Results

WD-40 Co. (NASDAQ: WDFC) reported its Q1 results, with EPS coming in $1.34, beating the consensus estimate of $1.25. Quarterly revenue grew 8% year-over-year to $134.7 million, compared to the consensus estimate of $129.23 million.

Net sales of maintenance products, the company’s primary growth focus segment, grew 10% year-over-year, and net sales of homecare and cleaning products dropped 15% year-over-year.

Shares of WDFC fell 3.3% despite the better results.

You May Also Be Interested In

• Artisan Partners calls for board shake-up at Novartis after drug trial setbacks - Reuters
• Macy's (M) Tops Q2 EPS by 28c, Beats on Revenue; Offers FY Guidance
• AeroVironment (AVAV) Tops Q1 EPS by 29c, Offers Guidance