United States. Sherwin Williams released its earnings report in which, compared to 2011, it increased its consolidated sale by $218.3 million (9.3%) to $2.57 billion in the second quarter and raised the figure in six months to $499 million (11.9%) to $4.71 million.
These values are initially given by growth in the volume of sales in the Group of Paint Stores and the increase in prices. Sales in this group in the quarter rose 14.6% to US$1.49 billion and in six months increased 17.2% to US$2.61 billion, due primarily to sales to end markets.
Net sales in Latin America decreased 4.5% to US$187.3 million in the quarter, mainly due to the unfavorable translation of the currency exchange rate, partially offset by the high volume of paint sales.
