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4-Traders Homepage  >  Equities  >  Nasdaq  >  WD-40 Company    WDFC

Delayed Quote. Delayed  - 08/30 08:37:20 pm
118.51 USD   -0.83%
08/08 OFF THE COUCH : Time to try out a downtown water slide, Station Stre..
07/13 WD-40 COMPANY : ex-dividend day
07/11 WD 40 : Battery 6ST-190AP Key flooded liquid WD-40 420ml
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WD-40 Company : WD-40®/SEMA CARES FOOSE FORD F-150 TO DEBUT AT SEMA SHOW

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11/02/2013 | 01:30pm CEST

WD-40®/SEMA CARES FOOSE FORD F-150 TO DEBUT AT SEMA SHOW

October 29, 2013

Custom, Foose-Inspired Off-Road Truck Will Be Raffled to Benefit Three SEMA Cares Charities

LAS VEGAS - Oct. 29, 2013 - Chip Foose and WD-40 Company are heading back to the SEMA Show, this time to debut a one-of-a-kind, custom off-road truck that will eventually be raffled off to one lucky winner, with proceeds benefitting three SEMA Cares charities.

The Foose-inspired vehicle, dubbed the WD-40®/SEMA Cares Foose Ford F-150, was the first vehicle built inside the new state-of-the-art SEMA Garage - a facility that allows SEMA member companies to test and prototype parts, try its 3D modeling and printing, and use its full-scale photo studio, among other things. Through a partnership with the Alex Xydias Center for Automotive Arts (AXC), underprivileged teens and young adults worked alongside leading SEMA manufacturers to install parts and equipment on the special project vehicle.

Equipped with high performance aftermarket parts, the unique, modified truck pays tribute to the off-roaders, truck enthusiasts and aftermarket companies who have used and trusted WD-40 Company products for 60 years to get the job done. Instead of being auctioned like previous WD-40/SEMA Cares vehicles, the enhanced 2013 Ford F-150 Lariat will be raffled off to one lucky winner in early May 2014. With raffle tickets only costing $50 starting Nov. 1, 2013, owning a Foose-inspired truck is now more accessible than ever to all automotive enthusiasts.

"Can you imagine winning a one-off vehicle like this - worth more than $80,000 with all parts and labor - for only $50?" said Chip Foose, president and CEO of Foose Design. "By purchasing raffle tickets, you're also supporting a great cause."

Proceeds from the raffled vehicle will benefit three SEMA Cares charities - the SEMA Memorial Scholarship Fund, which is dedicated to fostering the next generation of automotive leaders and innovators; Childhelp®, an organization that provides services to abused and neglected children; and Victory Junction, an organization that provides life-changing camping experiences to special needs and chronically ill children.

The custom vehicle was painted with BASF Onyx HD paint by LGE-CTS Motorsports and features a Whipple supercharger, Gale Banks Straight-Shot performance system and Magnaflow cat-back exhaust system that give its 6.2L V8 more than 600 horsepower.  To make it off-road ready, the truck also features a converted front Raptor suspension with ICON Vehicle Dynamics 3.0 coilovers and upper uniball billet arms, as well as ICON rear triple bypass shocks with Atlas 3.0+ leaf springs.  Outfitted with Baja Forged front and rear bumpers by LGE-CTS Motorsports, a custom bed cage, Bulldog LED lighting and a WARN winch, the custom Ford F-150 also has a Boatec Raptor fiberglass hood, fenders and bedsides.  AMP Research supplied and installed power running boards, bedsteps and a tailgate extender to make it easy to get in and enjoy the plush Katzkin leather interior and top-of-the-line Clarion sound system installed by Audio Innovations.  To top it off, the custom truck is riding on Falken Wild Peak A/T 37x12.5R17 tires wrapped around 17" x 9" MHT Fuel Maverick wheels in a matte Graphite finish.

"We're celebrating WD-40 Company's 60th anniversary, and it's great to see the next generation of automotive professionals and enthusiasts getting excited about working on a vehicle that'll both turn heads and help support a wonderful cause," said Tim Lesmeister, vice president of marketing for WD-40 Company. "This vehicle - any off-roader's dream - would not have been possible without the vision of Chip Foose and his team, the hard work of the Alex Xydias Center students, and the time and resources of our generous build partners."

Partners on the WD-40/SEMA Cares Foose Ford F-150 include: Foose Design, Source Interlink Media, LGE*CTS Motorsports, Whipple Superchargers, Icon Vehicle Dynamics, MHT Wheels, Boatec, Magnaflow, BASF, Katzkin, Audio Innovations, Amp Research, Fuel-Tool, Bulldog LED Lighting, Banks Power, HushMat, Mag-Hytec, Warn Industries, Optima Batteries, Falken Tire, PowerBass, Atlas Spring, Clarion and Metra Electronics.

This is the sixth vehicle WD-40 Company and SEMA Cares have teamed up to build and the fourth vehicle Chip Foose has designed with them. To date, WD-40/SEMA Cares vehicles have raised more than $575,000 for SEMA Cares charities.

To learn more about the build and how Chip Foose uses WD-40 Multi-Use Product and the new WD-40 Specialist® line of products, visit WD40.com/Foose.

To learn more about the raffle, visit WD40.com/TruckRaffle

WD-40 Company, with headquarters in San Diego, is a global consumer products company dedicated to delivering unique, high-value and easy-to-use solutions for a wide variety of maintenance needs of "doer" and "on-the-job" users by leveraging and building the brand fortress of the company. The company markets multi-purpose maintenance products - under the WD-40® , 3-IN-ONE® and BLUE WORKS® brand names. The company also markets homecare and cleaning brands: X-14® mildew stain remover and automatic toilet bowl cleaners, 2000 Flushes® automatic toilet bowl cleaners, Carpet Fresh® and No Vac® rug and room deodorizers, Spot Shot® aerosol and liquid carpet stain removers, 1001® household cleaners and rug and room deodorizers, and Lava® and Solvol® heavy-duty hand cleaners.

WD-40 Company markets its products in 187 countries worldwide and recorded sales of $368.5 million in fiscal year 2013.

###

Contact:  Greg Kershaw
   Nuffer, Smith, Tucker
   619/296-0605, ext. 226
   Cell: 619/757-3997
   gk@nstpr.com

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Financials ($)
Sales 2016 382 M
EBIT 2016 71,7 M
Net income 2016 49,9 M
Debt 2016 0,80 M
Yield 2016 -
P/E ratio 2016 34,59
P/E ratio 2017 32,12
EV / Sales 2016 4,46x
EV / Sales 2017 4,26x
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Average target price 109 $
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Garry O. Ridge President, Chief Executive Officer & Director
Neal E. Schmale Chairman
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Giles H. Bateman Independent Director
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