earnings
confidence high
sentiment neutral
materiality 0.65
Sherwin-Williams Q3 2024: EPS $3.18, sales up 0.7% to $6.16B; reaffirms FY guidance
SHERWIN WILLIAMS CO
2024-Q3 EPS reported
$8.65
revenue$17,801,300,000
- Consolidated net sales $6.16B (+0.7%); diluted EPS $3.18 (+7.8%), adjusted EPS $3.37 (+5.3%).
- Paint Stores Group same-store sales +2.2%; Protective & Marine up high-single digit; 5% price increase effective Jan 6, 2025.
- Consumer Brands Group sales -7.5% on soft North American DIY demand; Performance Coatings flat.
- Full-year 2024 diluted EPS guidance reaffirmed $10.30-$10.60; adjusted $11.10-$11.40.
- Q3 shareholder returns $631M via dividends and share repurchases; $2.22B operating cash YTD.