Posted July 25, 2018

Sherwin-Williams sales climb 27.8 percent

Sherwin-Williams announced consolidated net sales increased 27.8 percent to $4.77 billion in the second quarter due primarily to the addition of Valspar sales, higher paint sales volume in The Americas Group and selling price increases.

Incremental Valspar sales from April and May 2018 increased net sales by 21.0 percent in the quarter. 

Net income of $403.6 million compared to $319.1 million in last year's second quarter. Diluted net income per share in the quarter increased to $4.25 per share from $3.36 per share in 2017.