The penetrating-oil manufacturer dispelled fears over its trajectory with a good set of earnings.
News & Analysis: WD-40
The commercial-lubricant specialist resumes a comfortable revenue trend.
Stocks climbed on hopes of an interest rate cut. Meanwhile, Levi Strauss reported disappointing profit, and WD-40 announced strong sales.
Facebook won't go it alone with Libra, plus T-Mobile gets indexed and two companies deliver quarterly results.
WDFC earnings call for the period ending July 9, 2019.
The lubricant maker's CEO discussed a second-quarter sales headwind, a briskly expanding market, and the power of incremental innovation during the company's recent earnings call.
WDFC earnings call for the period ending February 28, 2019.
The company has delivered a long run of strong earnings performances by keeping it simple for 65 years.
5% earnings growth isn't going to satisfy Wall Steet when it has given WD-40 such a premium valuation.
Bad news from these companies stood out on a positive day for the markets.