When WD-40 Stock Slips and Slides, Should You Buy?

·4-min read
When WD-40 Stock Slips and Slides, Should You Buy?

Investors were left disappointed after WD-40's (NASDAQ: WDFC) latest set of earnings. Despite the benefit of the stay-at-home measures -- spending on DIY surged during the lockdowns -- management has been walking down expectations for its mid-term revenue targets. Spending on advertising and promotions increased in the fourth quarter to drive revenue growth at the cost of earnings.

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