Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Sherwin-Williams Reports 2006 - Coatings World

What are you searching for?

Sign in
Financial News

Sherwin-Williams Reports 2006

Author Image

By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

The Sherwin-Williams Company announced its financial results for the year and fourth quarter ended December 31, 2006. Consolidated net sales increased $619.1 million, or 8.6%, to $7.81 billion in the year and $84.5 million, or 4.9%, to $1.79 billion in the quarter due primarily to strong paint sales by the Global Group and by stores open for more than twelve calendar months in the Paint Stores Group.
Consolidated net income increased $112.8 million, or 24.3%, to $576.1 million in the year and $23.6 million, or 31.3%, to $98.7 million in the quarter. As a percent to net sales, consolidated net income improved to 7.4% from 6.4% in the year and to 5.5% from 4.4% in the quarter due primarily to improved profitability of operations.

Add us as a preferred source on Google

Get the latest Coatings World news, insights and analysis in your Google Search and AI experiences.

Add Coatings World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Coatings World Newsletters