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Regions :: North America

May 12, 2008

Valspar’s Net Income Falls on Costs and a Weak U.S. Economy

CW Editorial Staff

Valspar reported net income for its fiscal second quarter ended April 25 down 17%, to $40.8 million (38 cts/share) including non-cash adjustments of 3 cts/share and 5 cts/share in 2008 and 2007, respectively, for Huarun minority interest shares. Sales rose...

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