Valspar reported that third-quarter sales rose ten percent to $797 million, from $727 million in the same period last year. Earnings rose 13% for the period to $52.6 million from $45.7 million.
The company recently completed the acquisition of an 80% stake in Hong Kong-based Huarun Paints Holdings, maker of wood, furniture and architectural coatings, for $290 million.