Sherwin-Williams (SHW) Tops Q4 EPS by 25c; Guides FY16 EPS Below the Street

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Go back to Sherwin-Williams (SHW) Tops Q4 EPS by 25c; Guides FY16 EPS Below the Street

The Sherwin-Williams Company Reports 2015 Year-end Financial Results

January 28, 2016 7:01 AM EST

CLEVELAND, Jan. 28, 2016 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the year and fourth quarter ended December 31, 2015. Compared to the same periods in 2014, consolidated net sales increased $209.8 million, or 1.9%, to $11.34 billion in the year and increased $35.2 million, or 1.4%, to $2.60 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 3.3% in the year and 3.6% in the quarter. 

Diluted net income per common share in the year increased to $11.16 per share... More