BG2008 Posted April 2, 2018 Share Posted April 2, 2018 I downloaded 30 year financials on Sherwin Williams from Gurufocus and I was astounded to learn that Sherwin Williams revenue only fell from a peak of $8.0bn in 2007 to $7.1bn in 2009. Given how the housing bubble bursting put a screeching halt to new construction and how most people will probably elect to defer painting their homes in 2008/2009, why did the revenue held up so well? What is it about the paint and coating business that makes it such a good business? The ROA and ROE are just astounding. I know that Sherwin actually pushed through price increases in 2009. Sherwin_Williams_30_Year_Financials.xlsx Link to comment Share on other sites More sharing options...
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