---
schema_version: "secwatch.filing_event.v1"
accession: "0000089800-23-000023"
form_type: "8-K"
ticker: "SHW"
cik: "0000089800"
company_name: "SHERWIN WILLIAMS CO"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:48:42.467958+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sherwin-Williams Q2 EPS beats; raises full-year guidance

## Summary
- Q2 net sales rose 6.3% to record $6.24B; diluted EPS $3.07 (+38.9% YoY); adjusted diluted EPS $3.29 (+36.5%).
- Paint Stores Group same-store sales up 9.5%; segment margin expanded to 24.3% from 21.5%.
- EBITDA increased 31.4% to $1.28B, or 20.6% of sales; operating cash flow $1.29B in H1, up 102%.
- FY2023 diluted EPS guidance raised to $8.46-$8.86 (from $6.79-$7.59); adjusted EPS guidance $9.30-$9.70 (from $7.95-$8.65).
- Returned $849M to shareholders via dividends and share repurchases YTD; remaining authorization for 42.9M shares.

## SEC filing metadata
- accession: 0000089800-23-000023
- form_type: 8-K
- ticker: SHW
- cik: 0000089800
- company_name: SHERWIN WILLIAMS CO
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89800/000008980023000023/0000089800-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89800/000008980023000023/shw-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000089800-23-000023
- JSON: https://secwatch.observer/filing/0000089800-23-000023.json
- Plain text: https://secwatch.observer/filing/0000089800-23-000023.txt

## Key facts
- Earnings Releases
  SHERWIN WILLIAMS CO reported the second quarter ended June 30, 2023 results: revenue record $6.24 billion, EPS $3.07 per share. Guidance raised.
  - Period: the second quarter ended June 30, 2023
  - Revenue: record $6.24 billion
  - EPS: $3.07 per share
  - Guidance: raised
  - Result: reported results
  source text: June 30, 2023. All comparisons are to the second quarter of the prior year, unless otherwise noted. SUMMARY • Consolidated net sales increased 6.3% in the quarter to a record $6.24 billion ◦ Net sales from stores in U.S. and Canada open more than twelve calendar months increased 9.5% in the quarter • Diluted net income per share increased 38.9% to $3.07 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/89800/000008980023000023/0000089800-23-000023-index.htm

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