Sherwin-Williams (SHW) Misses Q1 EPS by 6c; Guides Q2 EPS to Strong-Side of Estimates

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Go back to Sherwin-Williams (SHW) Misses Q1 EPS by 6c; Guides Q2 EPS to Strong-Side of Estimates

The Sherwin-Williams Company Reports 2015 First Quarter Financial Results

April 16, 2015 7:01 AM EDT

CLEVELAND, April 16, 2015 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the first quarter ended March 31, 2015. Compared to the same period in 2014, consolidated net sales increased $83.7 million, or 3.5%, to $2.45 billion in the quarter due primarily to higher paint sales volume in our Paint Stores and Consumer Groups. Unfavorable currency translation rate changes decreased consolidated net sales 3.1% in the quarter.

Diluted net income per common share in the quarter increased to $1.38 per share from $1.14 per share in 2014. The increase in first quarter diluted net income per... More