The Sherwin-Williams Company Reports 2016 Third Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/27/2026
Go back to The Sherwin-Williams Company Reports 2016 Third Quarter Financial Results
October 25, 2016 7:05 AM EDT
The Sherwin-Williams Company (NYSE: SHW) announced today that its Board of Directors has elected Allen J. Mistysyn to serve as Senior Vice President Finance and Chief Financial Officer, effective January 1, 2017. Mr. Mistysyn, 47, has served as Sherwin-Williams' Senior Vice President Corporate Controller since October 2014 and will assume the CFO duties currently held by Sean P. Hennessy. Mr. Hennessy will remain with the Company in the role of Senior Vice President Corporate Planning, Development and Administration where he will provide support for the Valspar acquisition integration planning process and assist Mr. Mistysyn with his new role to ensure a smooth transition of... More
October 25, 2016 7:04 AM EDT
Sherwin-Williams (NYSE: SHW) reported Q3 EPS of $4.23, ex-items, $0.10 worse than the analyst estimate of $4.33. Revenue for the quarter came in at $3.28 billion versus the consensus estimate of $3.28 billion.
GUIDANCE:
Sherwin-Williams sees FY2016 EPS of $12.25-$12.35, ex-items, versus the consensus of $12.63.
Commenting on the financial results, John G. Morikis, President and Chief Executive Officer, said, "Revenue growth on a comparable basis slowed sequentially in the third quarter across most of our reportable segments. Despite this slowdown, we remain bullish on future demand across most of... More
