WD-40 Plunges on Soft Q1 Earnings

Shares of WD-40 (NASDAQ: WDFC) fell 9% in pre-market trading on Tuesday after the chemicals company posted weaker-than-expected first-quarter earnings. Revenue fell 4% year-over-year to $89.2 million, missing estimates by $7.1 million. Net income declined 3% to $11.8 million, or $0.82 per share — a penny drop from the year-ago quarter and missing estimates by a nickel. …read more

Read more here: WD-40 Plunges on Soft Q1 Earnings

Category: WDFC

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