Sherwin-Williams earnings fall short

CLEVELAND, Ohio — Sherwin-Williams’ Q2 earnings of $3.99 per share fell short of the $4.06 estimated by a Zacks survey. Net sales rose 2.8% to $3.22 billion in the quarter, slowed by unfavourable currency movements, and increased 3.8% to $5.79 billion in six months; net sales from stores open more than twelve calendar months increased 5.2% in the quarter and increased 7% in six months. Revenues were $3.22 billion, $500 million shy of the estimate.