WD-40 Company Reports First Quarter 2020 Financial Results
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WD-40 Co. (WDFC) Misses Q1 EPS by 10c, Revenues Miss; Offers FY20 EPS Guidance
January 9, 2020 4:09 PM ESTWD-40 Co. (NASDAQ: WDFC) reported Q1 EPS of $0.88, $0.10 worse than the analyst estimate of $0.98. Revenue for the quarter came in at $98.6 million versus the consensus estimate of $103.97 million.
Financial Highlights and Summary
Total net sales for the first quarter were $98.6 million, a decrease of 3 percent compared to the prior year fiscal quarter.Translation of the Company's foreign subsidiary results from their functional currencies to U.S. dollars had an unfavorable impact on sales for the first quarter. On a constant currency basis, total net sales for the first quarter would have been... More