The Valspar Corp, Minneapolis MN-based coatings manufacturer, reported net income of $25,466,000 for the fiscal third quarter ended July 28, 2000. This compares with $25,833,000 for third-quarter 1999. Sales for the quarter fell 3.3% to $385,070,000, compared with $398,076,000 for the same period in 1999.
Net income for the first nine months of 2000 totaled $62,292,000, compared with $57,994,000 for the same period a year ago. Sales for the first nine months of 2000 rose 7.9% to $1,101,521,000, compared with $1,020,588,000 in the comparable period of 1999.