Sales: $380 million.
Key Personnel: Garry Ridge, president and chief executive officer; Steve Brass, division president, Americas; Rich Clampitt, vice president, general counsel and corporate secretary; Mike Freeman, chief strategy officer; Geoff Holdsworth, managing director, Asia-Pacific; Bill Noble managing director, EMEA; Jay Rembolt, vice president, finance, treasurer and chief financial officer; Stan Sewitch, vice president, global organization development.
Major Products: Maintenance products as well as home care and cleaning products including WD-40, X-14, 2000 Flushes, Carpet Fresh, 1001/No Vac, Spot Shot, Lava and Solvol.
New Products: WD-40 EZ Reach Flexible Straw.
Comments: Sales fell less than 1% last year, primarily due to forex; in fact, sales outside the US, reached 61% in fiscal 2017. Without the effects of negative exchange rates, primarily within EMEA, sales would have risen 5%. Leading the way was the WD-40 Specialist line, which are geared toward trade professionals. Specialist sales rose 20% to nearly $26 million last year.
By region, sales in the Americas fell 3% to about $185 million. EMEA sales rose 2% to nearly $137 million and sales in Asia-Pacific rose 9% to nearly $59 million.
For the six months, ended March 31, 2018, sales rose 7% to nearly $199 million. Sales of WD-40 and other maintenance products rose 8% to more than $180 million, but homecare and cleaning product sales declined 2% to $18.5 million.