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WD-40 fiscal Q3 profit climbs 12.3% YOY

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WD-40 fiscal Q3 profit climbs 12.3% YOY

4912147 said its normalized net income for the fiscal third quarter ended May 31 was 77 cents per share, compared with the S&P Capital IQ consensus estimate of 86 cents per share.

EPS increased 14.3% year over year from 67 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $11.0 million, a gain of 12.3% from $9.8 million in the prior-year period.

The normalized profit margin rose to 11.4% from 10.6% in the year-earlier period.

otal revenue grew on an annual basis to $96.4 million from $92.5 million, and total operating expenses increased on an annual basis WD-40 Co..