The Sherwin-Williams Company Reports 2020 First Quarter Financial Results

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Go back to The Sherwin-Williams Company Reports 2020 First Quarter Financial Results

Sherwin-Williams (SHW) Tops Q1 EPS by 14c, Revenues Beat; Lowers EPS Guidance Below Consensus

April 29, 2020 7:06 AM EDT

Sherwin-Williams (NYSE: SHW) reported Q1 EPS of $4.08, $0.14 better than the analyst estimate of $3.94. Revenue for the quarter came in at $4.15 billion versus the consensus estimate of $4.13 billion.

Consolidated net sales increased 2.6% in the quarter to $4.15 billionNet sales from stores in U.S. and Canada open more than twelve calendar months increased 7.4% in the quarterDiluted net income per share increased to $3.46 per share in the quarter compared to $2.62 per share in the first quarter 2019Excluding the impact of acquisition-related amortization expense, diluted net income per share increased to... More