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SHW Sherwin Williams

311.30
0.00 (0.00%)
Pre Market
Last Updated: 10:42:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sherwin Williams NYSE:SHW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 311.30 0 10:42:03

Sherwin-Williams Says Weaker Argentine Peso Hurt 4Q Results -- Currency Comment

25/01/2024 3:18pm

Dow Jones News


Sherwin Williams (NYSE:SHW)
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By Paulo Trevisani

 

Sherwin-Williams said Thursday a sharp devaluation of the Argentine peso last month had a negative impact of $41.8 million on its fourth quarter results.

The company reported net income of $356.2 million in the quarter, down from $386.3 million a year earlier.

The Argentine peso weakened 78.12% versus the U.S. dollar in December, according to Tullett Prebon data.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

January 25, 2024 10:03 ET (15:03 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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