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Seasonal and paint lift True Value in Q3
True Value Company reported sales gains during the third quarter of 2014, lifted partly by seasonal and paint departments.
Net revenue of $350.6 million were up 1.0% over the third quarter of 2013. The company's gross billings came in at $466.4 million, up 2.4%.
Net margin fell 35.3% to $12.1 million, a decrease True Value blames on the timing of the Fall Reunion.