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WD-40 eyes distribution center optimization to cut delivery costs [Yahoo! Finance]

WD-40 Company (WDFC) 
Last wd-40 company earnings: 4/9 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
WD-40 Company is evaluating the locations of its distribution centers as it seeks to cut costs by reducing the delivery miles for its products, company executives said. The initiative will involve structural changes to its distribution centers, but it won't have a major impact on capital expenses because the centers are outsourced to 3PLs, VP of Finance and CFO Sara Hyzer told investors in a Jan. 8 earnings call "Some of that won't impact the business until FY '27 and beyond," Hyzer said of the changes, "but we're really excited about the work that the supply chain team has really taken on in the last couple of years and starting to see that come to fruition." The global household products company has built a strategic framework for achieving "operational excellence in supply chain," President and CEO Steve Brass said. The effort has been key to expanding gross margins through cost-reduction initiatives, including packaging improvements, logistics efficiencies, and strategic so Show less Read more
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