Industry News

Valspar Reports Fiscal 2013 First-Quarter Results

International markets were weaker than anticipated

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Valspar Corporation reported its results for the first-quarter ended Jan. 25, 2013. First-quarter sales totaled $875.2 million compared to $885.6 million in the first quarter of 2012. First-quarter net income per share was $0.60 in 2013 compared to adjusted net income per share of $0.62 in 2012, which excludes a $0.04 per share restructuring charge. Net income for the first quarter of 2013 was $55.0 million. Net income for the first quarter of 2012 was $55.8 million and reported earnings per...

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