WD-40 in the Pivot Point Check: Lubricant Specialist Pulverizes Sales and Profit Expectations and Starts the new Financial Year at Full Throttle!
Reading Time: 2 minutes
The WD-40 products of the eponymous brand with the blue and yellow design have become a cult product. In the first quarter, net sales rose by 12% year-on-year to$ 140.4 million. WD-40 had a strong quarter and runs a reliable business. In terms of valuation, however, investors have already given the lubricant specialist advance praise. The lubricant specialist announced its financial results for the first quarter of the 2024 financial year on January 10, 2024. CEO Steve Brass opened the press release with the words: "We have started...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
