secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0000089800-22-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sherwin-Williams Q2 adjusted EPS $2.41 vs $2.65 prior year; cuts FY22 adjusted EPS guidance to $8.50-$8.80
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- Consolidated net sales up 9.2% to $5.87B; same-store sales in Americas Group up 6.4%.
- Diluted EPS $2.21 (incl. $0.20 acquisition amort.); adjusted diluted EPS $2.41 vs $2.65 year ago.
- Consumer Brands Group segment profit fell 48.3% to $63.5M; PCG segment profit rose 35.9%.
- Lowering FY22 adjusted diluted EPS guidance to $8.50-$8.80 from prior range (not stated).
- Company implementing 10% price increase in Americas Group effective Sept 6; bought 2.55M shares YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000008980022000025/0000089800-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000008980022000025/shw-20220727.htm
  HTML page:      https://secwatch.observer/filing/0000089800-22-000025

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