Sherwin-Williams (SHW) Misses Q1 EPS by 9c, Revenues Miss; Offers FY19 EPS Guidance Below Consnsus

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The Sherwin-Williams Company Reports 2019 First Quarter Financial Results

April 23, 2019 7:00 AM EDT

CLEVELAND, April 23, 2019 /PRNewswire/ --

Consolidated net sales increased 1.9% in the quarter to $4.04 billion Net sales from stores in U.S. and Canada open more than twelve calendar months increased 3.6% in the quarter Diluted net income per share was flat at $2.62 per share in both first quarter 2019 and 2018 First quarter 2019 includes charges for acquisition-related costs and pension settlement expense of $.71 and $.27 per share, respectively; first quarter 2018 included acquisition-related costs of $.95 per share Excluding acquisition-related costs and pension settlement... More