Consolidated net sales for the year increased 26.4% to a record $14.98 billion and increased 43.0% in the quarter to a record $3.98 billion; Valspar sales since the month of June increased consolidated net sales in the year and quarter by 20.8%
and 36.1%, respectively
- Net sales from stores in U.S. and Canada open more than twelve calendar months increased 6.3% in the year and 8.2% in the quarter
- Full year diluted net income per common share increased 55.7% to a record $18.67
per share
- One-time benefit of $7.04 per share from deferred income tax reductions
- One-time charge of $.44 per share for discontinued operations
- Charge of $3.00 per share for acquisition-related costs and purchase
accounting impacts
- Consolidated EPS excluding acquisition-related costs, purchase accounting
and one-time items was $15.07 per share
- Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) from continuing operations increased $336.7 million in the year to a record $2.28 billion
- Full year net operating cash increased $575.4 million to $1.88 billion
- The Company anticipates diluted earnings per share for 2018 in the range of $15.35
to $15.85 per share, including a charge of approximately $3.45 per share for
acquisition-related costs and purchase accounting
https://investors.sherwin-williams.com/doc/ye2017_earnings
