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Aug 31, 2020
WD-40 Q4 2020 Earnings Report
WD-40 Company reported a 5 percent increase in consolidated net sales for the fourth quarter, driven by renovation trends and strong digital presence.
Key Takeaways
WD-40 Company reported a 5% increase in net sales for Q4 2020 compared to the prior year fiscal quarter, reaching $111.6 million. Net income increased by 129% to $19.7 million, and diluted earnings per share were $1.42, compared to $0.63 per share for the prior year fiscal quarter.
Total net sales for the fourth quarter were $111.6 million, a 5% increase year-over-year.
Net income for the fourth quarter was $19.7 million, a 129% increase year-over-year.
Diluted earnings per share were $1.42 in the fourth quarter, compared to $0.63 per share for the prior year fiscal quarter.
Gross margin was 56.3 percent in the fourth quarter compared to 54.6 percent in the prior year fiscal quarter.
Revenue by Segment
Revenue by Geographic Location
Historical Earnings Impact
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Avg. Return Before/After Earnings
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