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WD-40 Company
WDFC today reported net sales for the fourth quarter ended August 31, 2010 of $80.7 million, an increase of 4% from the fourth quarter of last fiscal year. Year-to-date net sales were $321.5 million, up 10% from last fiscal year. Fiscal year 2010 was a record year for sales and earnings for WD-40 Company.
Net income for the fourth quarter was $6.9 million, down 10% compared to the fourth quarter of last fiscal year. Diluted earnings per common share in the fourth quarter were $0.41 compared to $0.46 during the fourth quarter of last fiscal year.
Year-to-date net income was $36.1 million, an increase of 37% from the last fiscal year. Year-to-date diluted earnings per common share were $2.15, compared to $1.58 for last fiscal year.
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