More on Valspar's FQ3

|About: The Valspar Corporation (VAL)|By:, SA News Editor

Net income of $97.8M, or $1.14 per diluted share vs. $93.8, or $1.04 per diluted share in the year ago quarter.

Net sales of $1.2B vs. $1.1B in the same period of 2013.

The company repurchased 1.1M shares, for $81M during the quarter.

Updated guidance: FY F2014 annual sales to 9% growth, from its previous estimate of 7%-9% growth. FY F2014 annual diluted EPS is adjusted to between $4.05-$4.15, compared to its previous guidance of $3.95-$4.15.

FQ3 results

VAL +2.1% premarket