San Diego based WD-40 Co. reported net sales of $95.65 million for the third quarter ending May 31. That is a 3 percent increase from the like quarter of 2013.
For the nine months ending May 31, sales were $28.54 million compared with $27.51 million for the like period of fiscal 2013, a 4 percent increase.
WD-40 (Nasdaq: WDFC) reported 2014 third-quarter net income of $10.41 million, up from $10.27 million for the like quarter of 2013.
In the nine months ending May 31, the company reported net income of $32.2 million compared with $31.67 million for the like period of 2013.
For the first nine months of 2014, the company reported having cash and cash equivalents of $44.9 million compared with $52.27 million for the like period of fiscal 2013.
WD-40 markets multipurpose and specialty maintenance products for home and industrial uses.