Industry News

Valspar Reports Fiscal 2013 4Q, Full Year Results

Fiscal year 2013 net sales were $4.1 billion, up 2 percent versus the prior year

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Valspar Corporation reported results for the fourth quarter and fiscal year ended Oct. 25, 2013. Fourth quarter 2013 net sales were $1.1 billion, up 8% versus the prior year. Fourth quarter 2013 adjusted net income and earnings per diluted share, excluding these nonrecurring items, were $86 million and $0.97, respectively. Fourth quarter 2012 adjusted net income and earnings per diluted share were $80 million and $0.86, respectively Fiscal year 2013 net sales were $4.1 billion, up 2% versus...

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