Sherwin-Williams (SHW) Misses Q3 EPS by 10c, Revenues Miss; Offers Narrowed FY18 EPS Outlook Below Consensus
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The Sherwin-Williams Company Reports 2018 Third Quarter Financial Results
October 25, 2018 7:00 AM EDTCLEVELAND, Oct. 25, 2018 /PRNewswire/ --
Consolidated net sales increased 5.0% in the quarter to $4.73 billionNet sales from stores in U.S. and Canada open more than twelve calendar months increased 5.2% in the quarterDiluted net income per share increased 11.7% to $3.72 per share in the quarter compared to $3.33 per share in the third quarter 2017; third quarter 2018 included a charge for the California public nuisance litigation and acquisition-related costs of $1.09 and $.87 per share, respectively, and third quarter 2017 diluted net income per share included acquisition-related costs of $1.42 per shareExcluding... More