WD-40 Has Strong Third Quarter Sales

WD-40 Company had total net sales of $136.4 million for the third quarter of 2021, an increase of 39 per cent compared to total net sales in the third quarter of 2020. Net sales in Canada increased 24 per cent year-over-year. Net sales for the maintenance products segment increased 45 per cent year-over-year, while net sales for the homecare and cleaning products decreased 13 per cent. Total net income for the quarter was $21 million, an increase of 45 per cent compared to the prior year quarter. Gross margin was 53.1 per cent compared to 54 per cent.