Sherwin-Williams Says It Saw ‘Unprecedented’ Demand for DIY Paint Products in Q2
The COVID-19 pandemic closed many of its stores in April and May, but Sherwin-Williams (NYSE: SHW) still managed to post strong overall second-quarter results.
The paint products giant said on Tuesday morning that global revenue declined 6% for the period, which captures the selling months of April, May, and June that roughly correspond to the most impacted days to date on consumer shopping behavior. COVID-19-related closures pushed sales lower as most of its retailing stores dramatically scaled back their services.
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Source Fool.com
