Sherwin-Williams (SHW) Misses Q4 EPS by 11c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus
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The Sherwin-Williams Company Reports 2018 Year-end and Fourth Quarter Financial Results
January 31, 2019 7:00 AM ESTCLEVELAND, Jan. 31, 2019 /PRNewswire/ --
Consolidated net sales for the year increased 17.0% to a record $17.53 billion Net sales from stores in U.S. and Canada open more than twelve calendar months increased 5.1% in the year Full year diluted net income per share decreased 35.9% to $11.67 per share from GAAP 2017 $18.20 per share, revised to reflect a voluntary inventory accounting change Consolidated full year 2018 adjusted EPS of $18.53 excludes acquisition-related costs of $4.15 per share and other non-operating items of $2.71 per share Consolidated full year 2017 adjusted EPS of $15.07... More