WD-40 Company Reports First Quarter 2021 Financial Results

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Go back to WD-40 Company Reports First Quarter 2021 Financial Results

WD-40 Co. (WDFC) Tops Q1 EPS by 69c, Revenues Beat; Offers FY21 Revenue Guidance Above Consensus

January 7, 2021 4:10 PM EST

WD-40 Co. (NASDAQ: WDFC) reported Q1 EPS of $1.72, $0.69 better than the analyst estimate of $1.03. Revenue for the quarter came in at $124.6 million versus the consensus estimate of $106.85 million.

"We offer a variety of maintenance and cleaning products that have been in very high demand during these highly unusual times," said Garry Ridge, WD-40 Company's chairman and chief executive officer. "Our sales increased 26 percent compared to the first quarter of last year due primarily to increased demand for our products linked to renovation... More