Sherwin-Williams Q2 Sales +9%

[Thursday, July 19, 2012]  The Sherwin-Williams Company today announced its financial results for the second quarter and six months ended June 30, 2012. Compared to the same periods in 2011, consolidated net sales increased $218.3 million, or 9.3%, to $2.57 billion in the quarter and increased $499.0 million, or 11.9%, to $4.71 billion in six months due primarily to higher paint sales volume in the Paint Stores Group and selling price increases.

Diluted net income per common share in the quarter increased to $2.17 per share from $1.66 per share in 2011 and increased in six months to $3.13 per share from $2.29 per share last year. The second quarter and six month increases in diluted net income per common share were due primarily to strong sales and operating results. Read More ...