Sherwin-Williams (SHW) Tops Q3 EPS by 11c, Offers Q4 Guidance

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The Sherwin-Williams Company Reports 2015 Third Quarter and First Nine Months Financial Results

October 29, 2015 7:01 AM EDT

CLEVELAND, Oct. 29, 2015 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the third quarter and nine months ended September 30, 2015. Compared to the same periods in 2014, consolidated net sales increased $1.7 million, or 0.1%, to $3.15 billion in the quarter and increased $174.6 million, or 2.0%, to $8.73 billion in nine months due primarily to higher paint sales volume in our Paint Stores and Consumer Groups. Unfavorable currency translation rate changes decreased consolidated net sales 3.6% in the quarter and 3.2% in nine months.

Diluted net income per common share in the quarter increased to... More