During the third quarter of 2023, PPG posted record third quarter net sales of $4.6 billion. During Q3 2023, net sales were up 4% year over year. Net income in Q3 2023 hit $426 million, up 29% from Q3 2022, when …
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Big-Box Financials Released for Q2 2023
Several big-box retailers have released their financial data for the second quarter of 2023, reflecting downward trends in sales for some operations and a positive quarter for others. For a quarter-to-quarter comparison, see how these same retailers performed in Q1 …
Read More »PPG Names Limitless as 2024 Color of the Year
PPG announced GLIDDEN® paint by PPG’s 2024 Color of the Year: Limitless (PPG1091-3), a fresh warm hue that holds both the power of a primary color and the essence of a neutral. Subdued, sophisticated and calming, Limitless reflects a shift …
Read More »The Future Shines Bright With Young Retailers of the Year
Young Retailer of the Year honorees were recognized at a reception as part of the 2023 NHPA Independents Conference. The Young Retailer of the Year awards highlight the next generation of aspiring independent home improvement and paint retailers and recognize …
Read More »How Big-Box Retailers Performed in Q1 2023
For the first quarter of 2023, several big-box retailers experienced continued increases in sales compared to Q4 2022, with others reporting decreases in sales because of unseasonable weather affecting consumer purchases during the quarter. The Home Depot The Home Depot …
Read More »NHPA Announces 11 Young Retailer of the Year Honorees
The North American Hardware and Paint Association (NHPA) has announced the recipients of the 2023 Young Retailer of the Year award. These dynamic individuals were selected from a field of inspiring independent home improvement retailers under the age of 35 …
Read More »PPG Reports First Quarter Financial Results
PPG reported first quarter financial results for 2023. They had record net sales of about $4.4 billion and organic sales grew more than 5% over 2022. The reported earnings per diluted share (EPS) was $1.11 and the adjusted EPS was …
Read More »PPG Expands GLIDDEN DIY Product Assortment For Independent Dealers
PPG announced an expansion of its paint assortment of GLIDDEN® paint by PPG products for independent dealer partners. The reimagined program strengthens the lineup of GLIDDEN DIY paint offerings to this key retail channel, highlighting PPG’s commitment to the dealer …
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