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Volumes increased 7 percent in the second quarter, 3 percent excluding Ace volumes
May 14, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
The Valspar Corporation reported second quarter 2013 net sales of $1.03 billion, equal to the prior year. Second quarter 2013 adjusted net income and earnings per diluted share, excluding these nonrecurring items, were $83 million and $0.91, respectively. Second quarter 2012 adjusted net income and earnings per diluted share were $80 million and $0.84, respectively. “Strong volume growth in the quarter was driven by new business wins. The seven percent growth in total volumes, inclusive of A...
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