Content about Valspar

August 12, 2014

On an otherwise bumbling day for HCN stocks, Valspar (VAL) got a small lift of 0.46% following the release of an encouraging earnings report.

July 10, 2014

Ace Hardware affiliate Klinker's Lumber & Building Supply of Waverly City, Ohio, was recognized by the state's House of Representatives for opening a new paint studio in May.

The store's paint studio — essentially a remodeled and rethought version of its paint section — now sells Valspar paints, including their Aspire and Professional line of paints, in addition to the Ace line of paint. The paint studio will also allow employees to mix custom paint colors to match customers' color palettes.

May 19, 2014

Lowe’s and Valspar are describing their new Valspar Reserve Paint + Primer with HyrdoChroma Technology as groundbreaking and revolutionary.

A Lowe’s exclusive, the pain retails at $42 to $45 per gallon for interior and $46 to $49 per gallon for exterior.

May 19, 2014

Valspar (VAL) was up 1.43% Monday after the release of a positive Q2 earnings report; Beacon (BECN) was ahead the most at 3.78%, however.

May 19, 2014

On the brink of further growth given its recent debut with Ace's Paint Studio concept, Valspar made solid gains in the second fiscal quarter of 2014.

Net sales of $1.13 billion reflected a year-over-year increase of 9.60% for the quarter ended April 25. The boost was carried mainly by the Coatings segment, which was up 12%; the Paints segment was also up 8%.

Net income came in at about $86.0 million, an 11.8% jump from last year's net of $76.9 million.

May 15, 2014

A buy-one-get-one deal described as the co-op’s most aggressive promotion ever is bolstering the Oak Brook, Illinois-based co-op’s grand opening of The Paint Studio in some 3,200 stores. 

On Saturday and Sunday (May 17 and 18), consumers can get a second gallon for free of either Clark+Kensington or Valspar Optimus.

May 1, 2014

Ace Hardware has rolled out what it's calling its biggest ad campaign ever to promote the co-op's new Paint Studio offering.

And if the ads look like a high-end cosmetic commercial, that's by design. The campaign, jointly developed by Ace and Valspar, is called "Helpful is Beautiful." [Watch the commercial here.]

The Paint Studio is launching nationally this month at more than 3,200 Ace stores, according to the co-op.

February 27, 2014

Valspar is one of a handful of suppliers tapped to receive a John Deere supplier innovation award for 2013, which is awarded to suppliers who "demonstrate innovation" in a product or service provided to John Deere.

February 24, 2014

Houston -- Ace executives took the stage to deliver rousing speeches at the General Session of the Ace 2014 Spring Convention & Exhibits, congratulating retailers on a strong 2013 and outlining the co-op's vision for 2014 and beyond.

Ace even had a proprietary rock 'n' roll theme song dedicated to its strategic initiative, "20/20 Vision," which added a spirited component to a slide show presented at the session. "The view is worth the climb," crooned the singer.

February 12, 2014

Valspar (VAL) shot up 6.29% on Wednesday following the release of a positive earnings report. SHLD, BLDR and AWI received big boosts as well.

January 10, 2014

Valspar Paint has unveiled its 2014 Color Outlook, which highlights three proprietary color palettes inspired by of-the-moment trends, a return to simplicity and the theme of "redefining the home."

“In 2014, consumers will be redefining what matters and will feel a growing awareness of what’s important,” said Sue Kim, Valspar color strategist. “The Valspar 2014 Color Outlook draws on this trend, with color palettes that are inspired by how people are purposefully incorporating these redefined experiences into their daily lives.”

December 10, 2013

It’s been a busy summer and fall for HCN: Its editorial staff was taken to many corners of the great United States in pursuit of emerging brands and game-changing products. We were happy to see many industry heavyweights at several of the big trade shows this year, as well as a few hidden gems in the home improvement aisle. From old favorites to promising newcomers, here are a few highlights from the reporter’s notebook.

December 5, 2013

Pantone and Valspar Paint announced the addition of Pantone Radiant Orchid, the 2014 Color of the Year, to the Pantone Universe Paint Collection by Valspar, available at Lowe's nationwide. Radiant Orchid is a mix of fuchsia, purple and pink undertones.  

November 22, 2013

Valspar has agreed to provide its Aquaguard waterborne coating for Maersk Container Industry's shipping containers via a long-term supply agreement.

“Maersk is a global leader in container-industry sustainability, and we are privileged to partner with them on this innovative coatings solution,” said Roeland Polet, Valspar SVP, Global Industrial. “This is an important step, and we proudly put our 60-plus years of waterborne coatings expertise forward as a cost-effective, sustainable solution.”

November 20, 2013

Valspar reported fourth-quarter net sales of $1.1 billion, up 8% versus the prior year. 

Fourth-quarter 2013 adjusted net income was $86 million, compared with $80 million a year ago.

September 10, 2013

Orlando, Fla. -- First came a roll out of Clark & Kensington private label paint. Next came a blockbuster deal with Valspar. And now comes the introduction and unveiling of the Paint Studio, the new brand for Ace Hardware’s self-described “Paint Reinvention” program.

It’s all part of Ace Hardware’s efforts to get relevant and make noise in the retail paint arena, said John Surane, senior VP merchandising, marketing and sales.

September 3, 2013

Valspar is trimming its IT budget and handing over the operations of its Oracle E-Business Suite to Rimini Street, Inc., a third-party support provider for enterprise software.

The move is aimed at generating savings for Valspar via its global IT budget and allow the company to dedicate more of its resources toward strategic growth initiatives.

August 20, 2013

Josh Duhamel, an actor best known for his role in ABC's All My Children and the Transformers movie series, recently teamed up with Valspar Paint to launch Valspar Hands & Hearts for Habitat.

Valspar Hands & Hearts for Habitat will auction off celebrity handprints created with Valspar Paint and benefits Habitat for Humanity's Disaster Response Program.

August 16, 2013

Stocks fared poorly at Thursday’s close, with Valspar taking another big plunge of 5.91% in a sustained bout of flux since releasing a less-than-ideal earnings report this week.

August 14, 2013

Valspar took a 6.25% dive on Tuesday after the company released its third-quarter earnings, which fell below expectations and resulted in a downwardly revised full-year outlook.

August 14, 2013

Paint giant Valspar has every intention of profiting from its move to acquire the Ace Hardware private-label paint business, it just hasn't happened yet.

Valspar executives walked analysts through the plan during the company's third-quarter conference call. The analysts seemed highly interested in Valspar's seven-month-old relationship with Ace. 

July 18, 2013

Both Valspar and BlueLinx stayed stagnant at Wednesday’s close. This was an unusually quiet moment for BlueLinx, which has flipflopped for the past couple days.

June 14, 2013

Most home channel stocks declined in trading Friday. Shares of Orchard Supply sank 11.74%, while LP and Valspar both declined 2.39%. 

June 5, 2013

PureColor, an all-natural wood stains leader, hired industry veteran Chris Bundy as its newest account executive. Bundy brings more than 25 years of coatings industry experience to the growing PureColor team.

Previously, Bundy served in leadership positions for Gemini Coatings and Valspar. He has extensive experience managing sales team experts serving large wood product manufacturers, according to the company.