earnings
confidence high
sentiment positive
materiality 0.80
Sherwin-Williams Q3 adj EPS $3.20, revenue $6.12B; raises FY EPS guidance
SHERWIN WILLIAMS CO
2023-Q3 EPS reported
$7.85
revenue$17,799,700,000
- Q3 net sales $6.12B (+1.1% YoY); diluted EPS $2.95 (+12.6%); adjusted EPS $3.20 (+13.1%).
- Full-year 2023 EPS guidance raised to $9.21-$9.41; adjusted EPS guidance $10.10-$10.30 (prior $9.30-$9.70).
- Paint Stores Group sales $3.54B (+3.6%); same-store sales +3.0%; segment margin 25.9% vs 21.7% a year ago.
- Net operating cash $2.60B in 9 months (+103%); returned $1.41B to shareholders via dividends & buybacks.