Content about Paint Stores Group

July 17, 2014

Sherwin-Williams reported a 12.1% sales increase and a corresponding boost in income for the second quarter.

The company took in net sales of $3.04 billion over the three months ended June 30, up from $2.71 billion in the second quarter of 2013.

The increase was largely buoyed by a 17.2% increase in net sales for the Paint Stores Group, due in large part to higher architectural paint sales volume.

This translated to a 13.3% boost in net income: $291.45 million in 2014, compared with $257.29 million in 2013.

October 25, 2013

The Sherwin-Williams Company increased net income 12%, to $262.97 million from $234.95 million, during the third quarter of fiscal 2013.

Net sales grew 9.4% to $2.85 billion from $2.6 billion.

Sherwin-Williams cited higher paint sales volumes in its Paint Stores Group and acquisitions as helping to drive net sales growth. In September 2013, the retailer completed the acquisition of the Comex U.S. and Canada businesses, which added an additional 306 stores, and during the quarter purchased 1.5 million shares of its common stock through open market purchases.

July 18, 2013

Higher paint sales volume from the Paint Stores Group boosted Sherwin-Williams Co.'s second-quarter performance.

Cleveland-based Sherwin-Williams Thursday morning reported net sales of $2.71 billion for the quarter ended June 30. That's up 5.5% from the same quarter last year. Net sales in the Paint Stores Group increased 8.0% to $1.61 billion.

The company's total net income for the quarter was $257.3 million, up 12.9% from the second quarter of 2013.

February 6, 2013

Eight vendors of the paint giant were recognized for product innovation, performance, service and sales.

Cleveland-based Sherwin-Williams recognized its top product partners at the company’s annual Vendor of the Year Awards ceremony, held at the Paint Stores Group 2013 National Sales Meeting in Nashville, Tenn.

“The performance of these vendors was nothing short of outstanding,” said Pete Sedlak, VP marketing and purchasing, Sherwin-Williams. “We are proud to recognize these suppliers for their industry-leading innovations, sales growth and incredible support for our company and customers.”

January 31, 2013

Brisk business in the company's Paint Stores Group pushed sales up 7.3% in the company's fourth quarter

Cleveland-based paint giant Sherwin-Williams described a strong performance in 2012 and posted record sales of $9.53 billion for 2012, an increase of 8.8%.

For the fourth quarter, sales increased 7.3% to $2.22 billion, primarily due to higher paint sales volume in the Paint Stores Group and selling price increases.

Net sales in the Paint Stores Group increased 13.2% to $5.41 billion in the year and increased 9.8% to $1.25 billion in the quarter. 

July 21, 2011

Cleveland-based Sherwin-Williams has reported second-quarter net income of $179.1 million, down 1.4% from $181.7 million in the same quarter of 2010. Net sales for the second quarter ended June 30 totaled $2.36 billion, up 10% from $2.14 billion in the year-ago period.

Net income for the first six months of 2011 was $247.4 million, up 15% from $214.3 million in the same period of 2010. Net sales for this six-month period totaled $4.21 billion, up 13% from $3.71 billion in the year-ago period.

October 16, 2008

CEO Christopher Connor said the downturn in the housing market has “severely depressed” demand for...

July 20, 2008

Same-store sales decreased 4.5 percent compared with last year in the company’s Paint Stores Group....

May 1, 2008

Earnings fell 30.3 percent in the first quarter to $77.9 million from $111.8 million in...

January 28, 2008

In the fourth quarter ended Dec. 31, the paint and coatings giant reported net income...