secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0000089800-23-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000008980023000023/0000089800-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000008980023000023/shw-20230725.htm
  HTML page:      https://secwatch.observer/filing/0000089800-23-000023

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