---
schema_version: "secwatch.filing_event.v1"
accession: "0000089800-23-000012"
form_type: "8-K"
ticker: "SHW"
cik: "0000089800"
company_name: "SHERWIN WILLIAMS CO"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T18:01:23.300953+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sherwin-Williams Q1 net sales up 8.9% to $5.44B; diluted EPS rises 30.5% to $1.84

## Summary
- Consolidated net sales $5.44B, up 8.9% YoY; Paint Stores Group same-store sales +14.2%.
- GAAP diluted EPS $1.84 (+30.5%); adjusted diluted EPS $2.04 (+26.7%).
- EBITDA $878.2M (+26.7%); all three segments expanded margins YoY and sequentially.
- FY2023 adjusted EPS guidance reaffirmed at $7.95-$8.65; Q2 net sales expected up or down low-single digit %.
- Performance Coatings Group sales +3.4% ($1.71B); segment profit +51.5% to $218.9M.

## SEC filing metadata
- accession: 0000089800-23-000012
- form_type: 8-K
- ticker: SHW
- cik: 0000089800
- company_name: SHERWIN WILLIAMS CO
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89800/000008980023000012/0000089800-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89800/000008980023000012/shw-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000089800-23-000012
- JSON: https://secwatch.observer/filing/0000089800-23-000012.json
- Plain text: https://secwatch.observer/filing/0000089800-23-000012.txt

## Key facts
- Earnings Releases
  SHERWIN WILLIAMS CO reported the first quarter ended March 31, 2023 results: revenue $5.44 billion, EPS $1.84 per share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $5.44 billion
  - EPS: $1.84 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: SUMMARY • Consolidated net sales increased 8.9% in the quarter to $5.44 billion ◦ Net sales from stores in U.S. and Canada open more than twelve calendar months increased 14.2% in the quarter • Diluted net income per share increased 30.5% to $1.84 per share in the quarter compared to $1.41 per share in the first quarter 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/89800/000008980023000012/0000089800-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.