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Stock impact report

PPG Issues Statement Regarding Change to Customer Assortment

PPG Industries, Inc. (PPG) 
Last ppg industries, inc. earnings: 4/27 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investor.ppg.com
Company Research Source: Business Wire
PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced that late in the day on Feb. 27, 2018, Lowe’s informed PPG that it will discontinue the sale of OLYMPIC® brand paints and stains in its U.S. retail stores, effective mid-2018. PPG has had a long-standing relationship with Lowe’s, which provided a primary sales channel for a number of PPG’s brands, including its time-honored Olympic brand paints and stain products. While PPG is disappointed with Lowe’s decision, PPG believes this will create an opportunity to expand the distribution of its products, including Olympic brand products, through PPG stores, dealers and other distribution partners. Olympic has been America’s most trusted stain brand since 1938 and recently rated among the top stains by a leading independent consumer rankings magazine. PPG remains confident in its long-term strategy to support customers and looks forward to expanding t Show less Read more
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