secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0000089800-24-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sherwin-Williams Q2 adjusted EPS $3.70, up 12.5%; raises full-year guidance
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- Consolidated net sales $6.27B (+0.5% YoY); diluted EPS $3.50 (+14%), adj. EPS $3.70 (+12.5%), EBITDA $1.44B (+12.1%).
- Paint Stores Group sales +3.5%, same-store +2.4%; Consumer Brands sales -10.7% on weak North America DIY demand.
- Performance Coatings Group +0.6% led by Industrial Wood and Coil; all segments showed sequential and YoY margin improvement.
- Full year 2024 adj. EPS guidance raised to $11.10-$11.40 (vs. $10.35 in 2023); diluted EPS $10.30-$10.60.
- Generated $1.14B operating cash in H1; returned $1.34B to shareholders via dividends and share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000008980024000103/0000089800-24-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000008980024000103/shw-20240723.htm
  HTML page:      https://secwatch.observer/filing/0000089800-24-000103

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