WD-40 Stays Slick, Profit Surges 64%, Guides Higher (WDFC)

10/14/2009-WD-40 Company (NASDAQ:WDFC) reported fiscal Q4 EPS of 46 cents, topping consensus estimates of 40 cents. Revenues in the quarter rose 1% year-over-year to $77.75 million, and came in ahead of consensus estimates of $71.65 million. The company expects full-year 2010 EPS of $1.80 - $1.95 (vs. consensus estimates of $1.74). WD-40 expects fiscal year 2010 sales to grow 2%-9% to $298-$318 million (vs. consensus estimates of $299.08 million). The board of directors of WD-40 Company declared on Friday, October 2, 2009 the regular quarterly dividend of $.25 per share, payable October 30, 2009 to stockholders of record on October 16, 2009.

Write to Chip Brian at cbrian@tradethetrend.com

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