Sherwin-Williams (SHW) Tops Q2 EPS by 7c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

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Go back to Sherwin-Williams (SHW) Tops Q2 EPS by 7c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

The Sherwin-Williams Company Reports 2018 Second Quarter Financial Results

July 24, 2018 7:00 AM EDT

CLEVELAND, July 24, 2018 /PRNewswire/ --

Consolidated net sales increased 27.8% in the quarter to a record $4.77 billion; Valspar increased consolidated net sales $783.9 million, or 21.0%, in the quarter, as Valspar annualized June 1st Net sales from stores in U.S. and Canada open more than twelve calendar months increased 6.8% in the quarter Diluted net income per share increased 26.5% to $4.25 per share in the quarter, including charges of $1.23 per share for acquisition-related costs and $.25 per share related to environmental provisions, compared to $3.36 per share in the second quarter 2017 Adjusted diluted net income per... More