Cleveland, OH, January 26--Sherwin-Williams in the fourth quarter reported earnings that were off to $75.1 million or $0.54 a share, compared with $82.5 million, or $0.57 a share in the year-ago period.
Sales in the quarter increased 14.1%, $1.71 billion from $1.50 billion last year.
In the company’s paint store segment, net sales increased 16.2% in the quarter, or $1.18 billion, due primarily to continuing strong domestic architectural paint sales to contractor and DIY customers.
Same-store sales in the paint store segment increased 14.8% in the fourth quarter.
