WD-40 Co shares rise on sales beat, share buyback plan

WD-40

10/07/2023 22:46

** Home cleaning products maker WD-40 Co's  WDFC.O  shares
up 4.4% at $202.26 after market
    ** Company reports 15% rise in Q3 sales to $141.7 mln, vs
est $138.4 mln - Refinitiv 
    ** Co reiterates fiscal 2023 net sales outlook of $535
mln-$560 mln vs est $535.1 mln
    ** Board approves new 50 mln share buyback plan to replace
expiring plan
    ** As of last close, WDFC shares up 20.2% YTD

 (Reporting by Saikeerthi in Bengaluru)
 ((saikeerthi@thomsonreuters.com))