secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000089800-24-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sherwin-Williams FY23 record sales $23.05B, adj EPS up 18.6%; guides FY24 adj EPS $10.85-$11.35
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- Full year 2023 net sales $23.05B (+4.1%); diluted EPS $9.25 (adjusted $10.35, +18.6% YoY).
- Q4 net sales $5.252B (+0.4%); diluted EPS $1.39 (adjusted $1.81, -4.2% YoY).
- Paint Stores Group same-store sales +2.1% in Q4; segment margin expanded to 19.3% from 17.2%.
- FY23 net operating cash $3.52B; returned $2.06B to shareholders via dividends and buybacks.
- FY24 guidance: adjusted diluted EPS $10.85-$11.35; low to mid-single-digit sales growth; 5% price increase in PSG effective Feb 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000008980024000011/0000089800-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000008980024000011/shw-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000089800-24-000011

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