Sherwin-Williams (SHW) Tops Q4 EPS by 13c
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The Sherwin-Williams Company Reports 2016 Year-end Financial Results
January 26, 2017 7:00 AM ESTCLEVELAND, Jan. 26, 2017 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the year and fourth quarter ended December 31, 2016. Compared to the same periods in 2015, consolidated net sales increased $516.3 million, or 4.6%, to $11.86 billion in the year and increased $178.0 million, or 6.8%, to $2.78 billion in the quarter due primarily to higher paint sales volume in our Paint Stores Group and the impact of a change in revenue classification beginning in the third quarter related to grossing up third-party service revenue and related costs which were previously netted and immaterial in prior... More
