Hits record high after strong Q4 results

WD-40 Co

21/10/2020 16:39

** Shares of household products maker  WDFC.O  jump 17.2% to
record high of $231.44
    ** WDFC's Q4 net sales rose ~5% to $111.6 mln, co reported
after hours on Tuesday  urn:newsml:reuters.com:*:nPn4Q59wra
    ** Net income more than doubled to $19.7 mln
    ** CEO Garry Ridge says WDFC saw increase in demand for
products linked to renovation trends in Q4
    ** D.A. Davidson raised PT on stock to $250 from $233
    ** Up to Tuesday's close, stock had gained 1.7% YTD

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com))