WD-40 Company shares fall 1.05% intraday after selling UK homecare, cleaning product operations.

WD-40 Company's stock price fell 1.05% during intraday trading. The company announced the sale of its homecare and cleaning product businesses in the United Kingdom, including the 1001 and 1001 Carpet Fresh brands, to Supreme Imports Ltd. The transaction, valued up to £5.6 million ($7.5 million), is part of WD-40's strategy to optimize its portfolio and focus on higher growth, higher gross margin opportunities in maintenance.