From Barchart: 2024-07-10 16:34:48

Household products company WD-40 (NASDAQGS:WDFC) reported Q2 CY2024 results, with revenue up 9.4% year on year to $155 million, exceeding analysts’ expectations. The company made a GAAP profit of $1.46 per share, improving from $1.38 per share in the same quarter last year. WD-40 also reconfirmed its full-year revenue guidance of $585 million. As a small consumer staples company, WD-40 faces some disadvantages compared to larger competitors but has shown strong cash profitability and improved margins. The stock price rose 9.8% following the earnings report, signaling a positive response from shareholders.



Read more at Barchart: WD-40’s (NASDAQ:WDFC) Q2 Sales Top Estimates, Stock Jumps 10.1%