Sherwin-Williams Reports Strong 2015


 

SWSherwin-Williams’ new president and CEO delivered a “gratifying” full-year and fourth quarter earnings report released Thursday (Jan. 28).

The Cleveland-based coatings giant said net income per share increased 27.1 percent to reach $11.16 per share for 2015. Sales also were up, reaching $11.34 billion—a 1.9 percent increase.

For the last quarter of its fiscal year—which ended Dec. 31—net sales were $2.60 billion, a 4.1 percent increase compared to the same time last year, according to the company’s financial report. For the quarter, net income per common share increased $2.12 per share compared to $1.37 per share in 2014

.Read the full article at paintsquare.com

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