Sherwin-Williams (SHW) Tops Q1 EPS by 56c, Updates FY Guidance
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Go back to Sherwin-Williams (SHW) Tops Q1 EPS by 56c, Updates FY Guidance
April 20, 2017 7:00 AM EDT
CLEVELAND, April 20, 2017 /PRNewswire/ --
Consolidated net sales increased 7.3% in the quarter to a record $2.76 billion, including the change in revenue classification, which increased sales in the quarter 2.2%Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Net sales from stores open more than twelve calendar months increased 7.5% in the quarter               Â
Diluted net income per common share increased 44.6% to $2.53 per share in the quarter, including a $.34 per share increase from a reduction in the income tax provision partially offset by an $.08 per share charge for acquisition costs                   Â
Establishing 2Q17 EPS range of $4.15 to $4.35, including approximately $.25 per share for acquisition costs                         Â
Updating FY17 EPS guidance to $13.65...
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