Bloomberg reported that Sherwin-Williams' big deal comes as a rival, Valspar, is losing ground. Valspar on Nov. 25 "said it lost paint business generating $150 million to $180 million in annual revenue at an unspecified North American retailer," Bloomberg reported. "Analysts at RBC Capital Markets and KeyBanc Capital Markets said in notes that Valspar probably lost business at Lowe's." Sherwin-Williams said it plans to discuss its new Lowe's business on a conference call at 11 a.m. Friday, Dec. 12.