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Legrand offers cable cord solution

BY HBSDEALER Staff

West Hartford, Conn.-based Legrand introduced the Wiremold Flat Screen TV Cord and Cable Power Kit as a solution to unsightly cords and cables.

The do-it-yourself kit allows for neat and easy installation in under 30 minutes with no electrician or hard-wiring involved, the company said.

The Wiremold Flat Screen TV Cord and Cable Power Kit includes all parts and tools to power up the TV and hide all the cords and cables.

There’s no hard-wiring of a new wall outlet, no need to attach anything to a stud, and holes are tidy, small and fully covered by finish rings. This solution uses the cavity behind interior or exterior drywall and between the studs to conceal wiring. Grommets plus a power harness and power cord form a plug-to-plug power connection. They also guide low-voltage cables into and out of the wall cavity.

The kit includes fish tape to make cable pulling quick and easy. Finish rings complete the installation with a neat, professional look

 

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HCN Stock Watch: Frigid Wednesday

BY HBSDEALER Staff

Shocks showed relatively little movement — up or down — on Wednesday.

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WD-40 shows growth in first quarter

BY HBSDEALER Staff

San Diego-based WD-40 Company reported gains in sales and net income in the first quarter and also the largest sales quarter in the company’s history.

WD-40 sales for the quarter ended Nov. 30 were $95.5 million, up slightly from $95.3 million in the same quarter last year. Net income of $11.5 million was up 5% from $10.9 million.

"We are pleased that we were able to improve our gross margin in the quarter, which was in part due to our supply chain improvement initiatives," said CEO Garry Ridge.

The company is focusing primarily on multi-purpose maintenance products, which include WD-40 and 3-IN-ONE brand. The company says it is deemphasizing homecare and cleaning products, which were down 15% in the first quarter.  Among the homecare products are Carpet Fresh, No Vac, Spot Shot and Lava.

In 2012, the company launched WD-40 Specialist product line. In the first quarter, the line was expanded to eight additional countries, including Australia and Turkey.

 

 

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