Content about Sherwin-Williams Co.

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 21, 2013

There's a battle raging behind the scenes of the paint aisles of the world's largest home improvement retailer. It's here where Wooster brushes and Purdy brushes are competing for the customer's eye.

There's a battle raging behind the scenes of the paint aisles of the world's largest home improvement retailer. It's here where Wooster brushes and Purdy brushes are competing for the customer's eye.

It's also here where a lawsuit rages of unfair business practices and trade dress infringement. In "Sherwin-Williams Co. vs. The Wooster Brush Co.," Sherwin-Williams claims that its Purdy packaging is being knocked off by Wooster.

February 21, 2013

Cleveland-based Sherwin-Williams Co. announced an agreement with the U.S. Department of Labor to settle a previously disclosed investigation of transactions related to its employee stock ownership plan.

Cleveland-based Sherwin-Williams Co. announced an agreement with the U.S. Department of Labor to settle a previously disclosed investigation of transactions related to its employee stock ownership plan. 

The agreement calls for an $80 million payment to the plan, which will result in an after-tax charge to earnings of $49.2 million. 

November 12, 2012

Cleveland-based Sherwin-Williams Co. agreed to acquire Consorcio Comex, S.A. de C.V., a leader in the paint and coatings market in Mexico with headquarters in Mexico City. 

Comex sells architectural and industrial coatings in Mexico through 3,300 units operated by 750 concessionaires. Sherwin-Williams will pay approximately $2.34 billion, including assumed debt, in an all-cash transaction, the company announced Monday morning.

April 23, 2012

Sherwin-Williams Co. reported net sales of $2.14 billion for its first fiscal quarter, a 15.1% rise over net sales in the same quarter of 2011. The increase was attributed primarily to higher paint sales volume and selling price increases.