The Sherwin-Williams Company Reports Q4 EPS $.67 vs. $.65

The Sherwin-Williams Company SHW announced its financial results for the fourth quarter and year ended December 31, 2010. Compared to the same periods in 2009, consolidated net sales increased $296.8 million, or 18.6%, to $1.90 billion in the quarter and $682.2 million, or 9.6%, to $7.78 billion in the year due primarily to higher paint sales volume, acquisitions, and selling price increases. Diluted net income per common share in the quarter increased to $.67 per share from $.58 per share in the fourth quarter 2009 and increased 11.4% to $4.21 per share in the year from $3.78 per share in 2009.