WD-40 Earnings: What to Watch
Investors were feeling pessimistic about WD-40's (NASDAQ: WDFC) growth prospects for the entire 2019 year. The cleaning supply specialist's stock underperformed the S&P 500 and had even declined by as much as 12% by late summer. Shares have recovered over the last few weeks, though, putting WD-40 in positive territory in 2019 (up roughly 6% for the year) but still well below the market's soaring gain.
Investors will get a shot of information this week when the company announces its first-quarter earnings results on Jan. 9 in a report that should show whether growth is accelerating or slowing.
Let's look at what investors will be watching in Thursday's quarterly report.
Source Fool.com
