secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0000089800-22-000014
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sherwin-Williams Q1 adj EPS $1.61 down 21.8% YoY; revenue +7.4% to $5.0B; reaffirms FY guidance
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- Net sales $5.00B (+7.4%); diluted EPS $1.41 vs $1.51; adjusted EPS $1.61 vs $2.06.
- Americas Group sales +5.6% (same-store +3.8%); segment profit -7.2% to $445M on raw material costs.
- Consumer Brands Group sales -10.1% to $699M; segment profit -54.8% to $65M due to Wattyl divestiture and supply chain costs.
- Performance Coatings Group sales +20.4% to $1.65B; segment profit +0.5% to $145M.
- FY22 adjusted EPS guidance reaffirmed at $9.25-$9.65; Q2 net sales expected up low-double-digit to mid-teens.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000008980022000014/0000089800-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000008980022000014/shw-20220426.htm
  HTML page:      https://secwatch.observer/filing/0000089800-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer