BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>WD-40 Company (WDFC) reported fiscal third quarter (May) results benefiting from already announced price increases while unit volume declined in Europe and Americas regions</li>
<li>Unlike prior quarterly results where there was a clear negative in the business, this time WDFC benefited from order timing that is not likely to repeat in the fourth quarte</li>
<li>The price increases WDFC implemented were to help push gross margin back towards the 55 percent level. This has not been the case as demand has waned</li>
</ul>


WD-40 Company (WDFC) reported fiscal third quarter (May) results benefiting from already announced price increases while unit volume declined in Europe and Americas regions
Unlike prior quarterly results where there was a clear negative in the business, this time WDFC benefited from order timing that is not likely to repeat in the fourth quarte
The price increases WDFC implemented were to help push gross margin back towards the 55 percent level. This has not been the case as demand has waned


WD-40 Company

WDFC: No Margin Benefit