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Volumes increased 7 percent in the third quarter, 4 percent excluding new Ace paint volumes
August 16, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
The Valspar Corporation reported third quarter 2013 net sales of $1.1 billion, up 1% versus the prior year. Reported net income and earnings per diluted share for the current and prior year include several non-recurring items. Third quarter 2013 adjusted net income and earnings per diluted share, excluding these non-recurring items, were $96 million and $1.07 respectively. Third quarter 2012 adjusted net income and earnings per diluted share were $91 million and $0.97, respectively. “We cont...
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