WD-40 Company Reports Second Quarter 2020 Financial Results

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Go back to WD-40 Company Reports Second Quarter 2020 Financial Results

WD-40 Co. (WDFC) Misses Q2 EPS by 19c, Revenues Miss; Withdraws FY20 Guidance

April 9, 2020 4:07 PM EDT

WD-40 Co. (NASDAQ: WDFC) reported Q2 EPS of $1.04, $0.19 worse than the analyst estimate of $1.23. Revenue for the quarter came in at $100 million versus the consensus estimate of $105.94 million.

Second Fiscal Quarter Financial Highlights

Total net sales for the second quarter were $100.0 million, a decrease of 1 percent compared to the prior year fiscal quarter. Year-to-date total net sales were $198.6 million, a decrease of 2 percent compared to the prior year fiscal period. Translation of the Company\'s foreign subsidiary results to U.S. dollars had a favorable impact on sales for the... More