United States. The Sherwin-Williams Company announced its second quarter and six-month financial results ending June 30, 2015.
Compared to the same periods in 2014, consolidated net sales increased from $89.1 million, or 2.9%, to $3.13 billion in the quarter and increased from $172.9 million, or 3.2%, to $5.58 billion in six months, primarily due to higher paint sales volume in its paint stores and consumer groups. Unfavorable exchange rate changes decreased consolidated net sales by 3.0% in the quarter and six months.
The group's net sales in Latin America indicated in dollars decreased 17.2% to US$150.1 billion in the quarter and decreased 13.0% to US$316.3 million in six months, mainly due to changes in the unfavorable exchange rate, partially offset by the increase in sales prices.
