secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0000089800-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000008980023000012/0000089800-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000008980023000012/shw-20230425.htm
  HTML page:      https://secwatch.observer/filing/0000089800-23-000012

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