The Valspar Corp. (NYSE: VAL) reported sales for the third quarter of $1.1 billion, a 1 percent decrease year-over-year. Profit for the quarter increased 14 percent to $117 million.
Year-to-date sales decreased 4.9 percent compared to the prior year to $3.1 billion. Profit for the period decreased 16.1 percent to $249.4 million.