Sherwin-Williams Has Strong First Quarter

The Sherwin-Williams Company had consolidated net sales of $4.66 billion for the first quarter of 2021, an increase of 12.3 per cent compared to consolidated net sales in the first quarter of 2020. Net sales from stores in U.S. and Canada open more than 12 calendar months increased 8.2 per cent year-over-year. Income before income taxes increased 29.7 per cent to $509 million in the quarter from $392.3 million last year. Sales for the performance coatings group were up 12.9 per cent year-over-year and sales for the consumer brands group increased 25 per cent.