WDFC Stock Recent News

WD-40 Company's Q3 2023 results showed growth in net sales and net income, but sales volumes were down in the Americas and EMEA. The company sees growth opportunities in China, India, and Indonesia, but there are concerns about political risks and the ability to capture the market. WD-40's valuation is high, with a multiple in the low 30s, and it may not be able to justify its current stock price with the projected growth.

Demand for cleaning supplies took off during the early days of the pandemic. That is now cooling off, leading WD-40 to reevaluate its cleaning products business.

WD-40 beat earnings and revenue expectations for the quarter, and affirmed full-year guidance. International sales could be a source of growth.

WD-40 is generating sales in line with expectations, but the market is impressed with its profitability improvements. The company implemented price increases to address its higher input costs due to inflation.

WD-40 shares rose more than 10% in early trading as the company reported a double-digit jump in sales in its third quarter earnings after two consecutive quarters of little or no growth.

It's been years in the making, but WD-40 Company NASDAQ: WDFC is on the brink of reversal. The stock got the expected boost from pandemic spending and stimulus dollars but then struggled in the wake of the bubble.

WD-40 Company (NASDAQ:WDFC ) Q3 2023 Earnings Conference Call July 10, 2023 5:00 PM ET Company Participants Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Good day, and welcome to the WD-40 Company Third Quarter 2023 Earnings Conference Call.

Stock market benchmarks were higher on Monday. WD-40 released good financial results that sent shares higher after hours.

WD-40 Co. WDFC, +2.08% shares rose in the extended session Monday after the company's results topped Wall Street expectations. WD-40 shares rose as much as 5% after hours, following a 2.1% gain to close the regular session at $193.80.

SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Tuesday, June 20, 2023 a quarterly dividend of $0.83 per share, payable July 31, 2023 to stockholders of record at the close of business on July 14, 2023. The Company also announced that it has scheduled its third fiscal quarter 2023 earnings conference call for Monday, July 10, 2023, at 2:00 p.m. PDT. On this call, management will discuss financial results, business developments and.