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Former WD-40 headquarters in San Diego. The WD-40 Company, originally the Rocket Chemical Company, is an American manufacturer of household and multi-use products, including its signature brand, WD-40, as well as 3-In-One Oil, Lava, Spot Shot, X-14, Carpet Fresh, GT85, 1001, Solvol, 2000 Flushes and No Vac. [2] It is based in San Diego, California.
WD-40's formula is a trade secret. [17] The original copy of the formula was moved to a secure bank vault in San Diego in 2018. [18] To avoid disclosing its composition, the product was not patented in 1953, and the window of opportunity for patenting it has long since closed.
Image source: The Motley Fool. WD-40 (NASDAQ: WDFC) Q1 2025 Earnings Call Jan 10, 2025, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
WDFC earnings call for the period ending September 30, 2024.
With 176 countries selling it, over 2,000 documented uses for it, and over a billion dollars in revenue from it, it seems like there’s no stopping WD-40.
He was born in Chicago. [2]Larsen is sometimes credited with inventing the WD-40 formula in 1953 but this is not certain. The WD-40 company website and other books and newspapers credit him [3] [4] [5] but according to Iris Engstrand, a historian of San Diego and California at the University of San Diego, it was actually Iver Norman Lawson (also an engineer born in Chicago at around the same ...
The product changed ownership many times throughout the 20th century and was bought by its current owners, the WD-40 Company, in 1995. The current marketing slogan is "The Tool Kit In A Can," with the logo of the text "3 in" inside a large numeral "1".
WD-40 is a famous name, but its stock price is just way too high to buy.
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