The Sherwin-Williams' CEO Discusses Q1 2012 Results - Earnings Call Transcript

The Sherwin-Williams (SHW)

Q1 2012 Earnings Call

April 19, 2012 11:00 am ET

Executives

Robert J. Wells - Senior Vice President of Corporate Communications & Public Affairs

Christopher M. Connor - Chairman and Chief Executive Officer

Sean P. Hennessy - Chief Financial Officer and Senior Vice President of Finance

Analysts

P.J. Juvekar - Citigroup Inc, Research Division

Kevin W. McCarthy - BofA Merrill Lynch, Research Division

Jeffrey J. Zekauskas - JP Morgan Chase & Co, Research Division

Dennis McGill - Zelman & Associates, Research Division

Charles Edward Cerankosky - Northcoast Research

Brian Maguire - Goldman Sachs Group Inc., Research Division

Donald Carson - Susquehanna Financial Group, LLLP, Research Division

Dmitry Silversteyn - Longbow Research LLC

Eric Bosshard - Cleveland Research Company

Nils-Bertil Wallin - CLSA Asia-Pacific Markets, Research Division

Aram Rubinson - Nomura Securities Co. Ltd., Research Division

Presentation

Operator

Good morning. Thank you for joining The Sherwin-Williams Company's Review of First Quarter 2012 Results and Expectations for the Second Quarter and Full Year.

With us on today's call are Chris Connor, Chairman and CEO; Sean Hennessy, Senior Vice President, Finance, and CFO; Al Mistysyn, a Vice President, Corporate Controller; and Bob Wells, Senior Vice President, Corporate Communications.

This conference call is being webcast simultaneously in listen-only mode by Vcall via the Internet at www.sherwin.com. An archived replay of this webcast will be available at www.sherwin.com beginning approximately 2 hours after this conference call concludes and will be available until Wednesday, May 9, at 5 p.m. Eastern Standard Time.

This conference call will include certain forward-looking statements as defined under U.S. federal securities laws with respect to sales, earnings and other matters. Any forward-looking statement speaks only as of the date on which such statement is made, and the company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A full declaration regarding forward-looking statements is provided in the company's earnings release transmitted earlier this morning.

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