SAN DIEGO – In recognition of its continued growth, WD-40 Company is named one of America’s “200 Best Small Companies” in 2008 by Forbes magazine.
On the list of 200 companies, WD-40 Company ranks No. 47 in the 5-year average return on equity category and No. 160 overall.
“WD-40 Company is a growth company dedicated to delivering value to our shareholders,” said Garry Ridge, president and CEO of WD-40 Company. “This acknowledgement is a testament to the hard work of our employees and the value of the products we provide.”
To qualify for the 200 Best Small Companies list, companies must have annual revenues between $5 million and $750 million, and a stock price greater than $5 as of Sept. 29, 2008. The ranking is based on return on equity, sales growth and profit growth.
The complete 200 Best Small Companies list can be found in the Oct. 27 issue of Forbes magazine or at www.forbes.com/200best.
About WD-40 Company
WD-40 Company, with headquarters in San Diego, is a global consumer products company dedicated to building brand equities that are first or second choice in their respective categories. The company will leverage and build the brand fortress of WD-40 Company by developing and acquiring brands that deliver a unique high value to end users and that can be distributed across multiple trade channels in one or more areas of the world. WD-40 Company produces multi-purpose lubricants, WD-40® and 3-IN-ONE®, the Lava® and Solvol® brands of heavy-duty hand cleaners, and household products 2000 Flushes®, X-14®, Carpet Fresh®, Spot Shot® and 1001®. WD-40 Company markets its products in more than 160 countries worldwide and recorded sales of $317.1 million in 2008. Additional information about WD-40 Company can be obtained online at www.wd40company.com.