Content about The Sherwin-Williams Co.

August 14, 2012
Sherwin-Williams rejects mini tender offer

The Sherwin-Williams Co. has received notification of an unsolicited mini-tender offer by TRC Capital Corp., which wants to purchase up to 1,000,000 shares, or approximately 0.97%, of Sherwin-Williams' outstanding common stock. The offer price was 4.39% below the closing price on July 30, 2012, the day before the offer commenced, according to a Sherwin-Williams press release.

July 25, 2012
Sales jump 9.3% at Sherwin-Williams

The Sherwin-Williams Co. reported net sales of $2.57 billion for its second quarter, a 9.3% increase over sales of $2.35 billion in the same quarter of 2011.

Net income for the second quarter, which ended June 30, was $227.8 million, compared with $179.1 million a year ago.  

Net sales in the Paint Stores Group increased 14.6% to $1.49 billion during the quarter; for the Consumer Group, net sales increased 5.9% to $397.7 million.

April 23, 2012
Sales increase 15% at Sherwin-Williams

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. 

October 3, 2011
Fortune Brands unit elects Sherwin-Williams president to board

Fortune Brands Home & Security (FBHS), which intends to spin off from Fortune Brands today, named John Morikis to the company's board of directors, effective Dec. 1.

Morikis is president and chief operating officer of The Sherwin-Williams Co., an $8 billion global leader in the paint and coatings industry. He was elected COO of Sherwin-Williams in 2006.