Sherwin-Williams reported a record first quarter in net sales for 2012: $2.14 billion, which is up 15.1 percent. Net income jumped 47 percent to $100.2 million in the first quarter, and paint store sales increased 20.9 percent to $1.12billion compared to the same quarter last year.Net sales in the Paint Stores Group increased primarily due to higher paint sales volume across all end market segments and selling price increases. Paint Stores Group segment profit increased $43.9 million to $112.7 million in the quarter from $68.9 million last year. Segment profit as a percent to net sales increased in the quarter to 10.0 percent from 7.4 percent last year.
展开▼
