by Lindsey Thompson | Oct 23, 2023 | Industry News
During the third quarter of 2023, PPG posted record third-quarter net sales of $4.6 billion. During Q3 2023, net sales were up 4% year over year. Net income in Q3 2023 hit $426 million, up 29% from Q3 2022, when net income was $329 million. “I am proud of the...
by Lindsey Thompson | May 1, 2023 | Industry News, Operational Insights
How do your numbers stack up against industry averages? The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating outlet retailers to participate in the 2023 Cost of Doing Business...
by Lindsey Thompson | Apr 21, 2023 | Industry News
PPG reported first quarter financial results for 2023. They had record net sales of about $4.4 billion and organic sales grew more than 5% over 2022. The reported earnings per diluted share (EPS) was $1.11 and the adjusted EPS was $1.82. They had an accelerated margin...
by Lindsey Thompson | Oct 25, 2022 | Industry News
During the third-quarter of 2022, consolidated net sales for Sherwin-Williams increased 17.5% to a record $6.05 billion. Net sales from stores in U.S. and Canada that were open more than twelve calendar months increased 20.7% in the quarter. Diluted net income per...
by Lindsey Thompson | Oct 25, 2022 | Industry News
PPG reported record third-quarter net sales of $4.5 billion, up about 8% in constant currencies. The company saw organic sales growth of more than 9%, driven by higher selling prices, which are up 18% on a two-year stacked basis. Reported earnings per diluted share...
