Sherwin-Williams posts Q1 gains

Sherwin-Williams Co. reported that Q1 sales rose 12.3 percent to $4.66 billion, with same-store sales up 8.2 percent. Sales volumes were up in all three of the company’s segments. Earnings increased by 51.5 percent to $2.06 per share. That included a loss of $0.34 per share from the sale of Wattyl, which manufactures and sells architectural and protective paint in Australia and New Zealand.