Shares of WD-40
WDFC,
climbed in after-hours buying and selling Tuesday after the maker of upkeep and cleansing merchandise reported larger gross sales and earnings for its fiscal first quarter.
The inventory rose about 6% to $252, including to positive factors of almost 46% over the previous 12 months.
The firm posted quarterly earnings of $1.28 a share, up from $1.02 a share in the identical interval final 12 months. Revenue rose 12% to $140.4 million.
On a convention name, Chief Executive Steve Brass stated the corporate ran profitable promotional campaigns throughout the U.S., Canada, China and different vital markets. Sales volumes of the corporate’s multi-use product have been down in Europe as prospects responded to cost will increase.
Source web site: www.marketwatch.com
