Sherwin-Williams' Sales Rise; Expects Paint Sector to Improve This Year

摘要

Sherwin-Williams (SW) says domestic paint sales declined and raw material costs increased during the first quarter, but total revenues rose 1%, to $1.6 billion because of favorable currency exchange rates. Net income fell 13%, to $32.6 billion (30 cts/share) including a one-time 10 cts/share charge related to U.S. health legislation.