Not even close...
"As everyone else is saying, the color of this paint ends up being a dark, very un-special teal-ish navy. It is not a blue black. The paint is cheap looking and not even close to the color chip supplied by Magnolia Home. I will never buy another MH paint (or any other MH product) due to this inaccuracy. Paint is too costly and difficult to dispose of, and bad for our environment to be utterly wasted and thrown away immediately upon purchase. This color was so ugly I stopped painting the piece that I started in this color. I even bought a $300 paint sprayer for this project because I was so in love with what appeared to be the blue-black color on the swatch. Magnolia Home knows this color does not match their paint chip. I'm going to take their swatch to a specialty paint store and see if I can find a brand with an appropriately dark base to accurately match their paint chip."