Sherwin-Williams sees recovering portion of Q3 EPS shortfall in rest of year
Sherwin-Williams CEO John G. Morikis said: "Our thoughts and prayers are with the thousands of Sherwin-Williams employees and all those affected by these catastrophic natural disasters who have experienced loss. Efforts are well underway to provide relief and support to the affected communities. The majority of company-operated stores and facilities in these regions have reopened, and we have made tremendous efforts to quickly resume operations while supporting those in need during this difficult time...While we are still assessing the longer term impact of these tragic events on our business, the sales momentum we are seeing across most geographies-particularly in our company-operated stores in the unaffected regions of the U.S. and Canada-should enable us to recover some of the third quarter earnings shortfall over the balance of the year. We will provide a full year 2017 outlook when we report 3Q17 earnings on October 24th."