earnings
confidence high
sentiment positive
materiality 0.75
Sherwin-Williams Q2 net sales up 7.5% to $6.79B; adj. EPS $3.70, raises FY guidance
SHERWIN WILLIAMS CO
- Diluted EPS $3.43 (+14.3% YoY); adjusted diluted EPS $3.70 (+9.5% YoY); net income $843.6M (+11.8%).
- Consolidated net sales $6.79B (+7.5%); Paint Stores Group same-store sales +4.2%; CBG +21.5% (incl. Suvinil); PCG +6.3%.
- Full-year 2026 adjusted diluted EPS guidance raised to $11.80-$12.20; GAAP guidance $10.92-$11.32.
- Returned $1.46B to shareholders via dividends and share repurchases in Q2; H1 net operating cash $1.49B.
- Restructuring actions expected to generate ~$17M annual savings; 8% price increase in Paint Stores Group effective Sept 1.