Thread- $WDFC (WD-40 Company)

$WDFC {{ '2016-04-07T20:32:20+0000' | timeago}} • Announcement

$WDFC's sales of maintenance products, which is its primary growth focus, for 2Q16 decreased by 2% from last year. The decline was driven primarily by unfavorable impact of foreign currency exchange rates, particularly in EMEA, as well as unstable market conditions in Russia and timing of customer orders in its Asian distributor markets.

$KR {{ '2017-05-23T18:47:09+0000' | timeago}} • Announcement

$KR announced the retirement of Jay C and Ruler division President Paul Bowen, effective June 21, 2017. His successor will be named at a later date. Bowen has held his current role since 2003, where he oversees 71 Jay C and Ruler stores operating in Illinois, Indiana, Kentucky, Missouri, Ohio and Tennessee.

$MKC {{ '2017-05-23T18:43:18+0000' | timeago}} • Announcement

$MKC appointed Tony Vernon, retired CEO of Kraft Foods Group, to its BoD effective May 23, 2017. He currently serves on the boards of $XENT, $NVCR and $AXON.

$KIRK {{ '2017-05-23T18:30:22+0000' | timeago}} • Webcast

$KIRK sees e-commerce growth to exceed 20% as it looks forward. Strong improvement is expected in second half of FY17, particularly 4Q17.

$NDSN {{ '2017-05-23T18:26:30+0000' | timeago}} • Webcast

$NDSN said that from a operating margin perspective, it does not expect pension to have a material impact on its overall operating margin on passing 3Q17 one-time charges. Effective tax rate for FY17 is expected in the range of 29%, while normal maintenance CapEx is expected to be approx. $50MM.

$KIRK {{ '2017-05-23T18:25:44+0000' | timeago}} • Webcast

As $KIRK posted its 1Q17 results, it sees store closings to occur throughout the first half of FY17, while new store openings are expected in 2Q17 and 3Q17.

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