Sherwin-Williams Profit Down on Higher Sales

Cleveland, OH, Jan. 27, 2012 -- Sherwin-Williams said Thursday its fourth-quarter profit fell to $14.6 million, or $0.14 a share, from $72.9 million, or $0.67 a share, in the year-ago period.

The company booked $0.70 a share related to a tax settlement loss.

Sales increased to $2.07 billion from $1.9 billion.