Highest-materiality recent filing
Sherwin-Williams Q1 net sales +6.8% to $5.67B, adj. EPS $2.35 +4.4%; reaffirms FY guidance
Consolidated net sales $5.67B (+6.8% YoY); diluted EPS $2.15 (+7.5%); adjusted EPS $2.35 (+4.4%).
All nine director nominees elected with majority support; highest votes for Thaman (198.9M for), lowest for Petz (188.2M for).
Sherwin-Williams extends $75M of credit commitments to 2030
Amendment No. 1 extends $75M of commitments under the Amended and Restated Credit Agreement.
Sherwin-Williams Q4 adj EPS $2.23, record FY sales $23.57B; guides FY26 adj EPS $11.50-$11.90
Q4 adj diluted EPS $2.23 (+6.7% YoY); net sales $5.60B (+5.6% YoY), including Suvinil contribution $164.5M.
Sherwin-Williams extends $75M credit facility maturity to 2030
Amended Credit Agreement extends $75M of commitments from Dec 20, 2025 to Dec 20, 2030.
Sherwin-Williams extends $125M credit facility maturity to 2030
Extended $125M of commitments under Credit Agreement from Dec 20, 2025 to Dec 20, 2030.
Sherwin-Williams names Benjamin Meisenzahl as CFO; current CFO Mistysyn to retire
Allen J. Mistysyn to retire as SVP-Finance and CFO effective Dec 31, 2025 after 35 years; will assume short-term non-officer role.
Sherwin-Williams Q3 net sales +3.2% to $6.36B, adj. EPS $3.59; narrows FY25 guidance
Diluted GAAP EPS $3.35 vs $3.18 YoY (+5.3%); adjusted EPS $3.59 vs $3.37 (+6.5%).
Sherwin-Williams closes $1.15B acquisition of BASF's Brazilian paints business (Suvinil)
Acquired all equity interests in Suvinil Coatings S.A. (formerly BASF Coatings S.A.) for $1.15B.
Sherwin-Williams extends revolver maturity to 2030, adds $750M USD + €250M term loan
Revolver amendment extends maturity from July 2029 to August 8, 2030, removes credit spread adjustment, and modifies pricing grid.
Sherwin-Williams issues $1.5B senior notes in three tranches
$500M of 4.300% Senior Notes due 2028, $500M of 4.500% due 2030, $500M of 5.150% due 2035.
Sherwin-Williams Q2 EPS $3.00 (-14.3% YoY); full-year guidance cut to $10.11-$10.41
Consolidated net sales up 0.7% to $6.31B; diluted EPS down 14.3% to $3.00; adjusted EPS down 8.6% to $3.38.
Sherwin-Williams Q1 sales -1.1% to $5.31B; adj. EPS +3.7% to $2.25; FY guidance reaffirmed
Consolidated net sales $5.31B (-1.1% YoY); GAAP diluted EPS $2.00 (+1.5%); adj. diluted EPS $2.25 (+3.7%).
Sherwin-Williams shareholders approve 2025 equity plan and eliminate supermajority voting
Shareholders approved 2025 Equity Plan authorizing 21,969,555 shares; non-employee director compensation capped at $750,000/year.
Sherwin-Williams extends $75M credit commitments to June 2030
Extended $75M of credit commitments from June 20, 2025 to June 20, 2030 via Amendment No. 10.
Sherwin-Williams to acquire BASF's decorative paints business in Brazil for $1.15B cash
Wholly owned subsidiary Sherwin-Williams do Brasil to acquire all equity of BASF Coatings S.A. for $1.15B cash, subject to customary adjustments.
FY2024 diluted EPS $10.55 (+14.1% YoY); adjusted diluted EPS $11.33 (+9.5%); net sales record $23.10B.
Sherwin-Williams extends $75M of credit commitments to December 2029
Amendment No. 20 extends $75M of commitments from June 2025 to December 2029.
Executive Chairman Morikis to retire Dec 31; CEO Petz named Chair effective Jan 1
John G. Morikis retires as Executive Chairman Dec 31, 2024, ends board term at 2025 annual meeting.
Sherwin-Williams Q3 2024: EPS $3.18, sales up 0.7% to $6.16B; reaffirms FY guidance
Consolidated net sales $6.16B (+0.7%); diluted EPS $3.18 (+7.8%), adjusted EPS $3.37 (+5.3%).
Sherwin-Williams issues $850M in senior notes; $400M at 4.550% due 2028, $450M at 4.800% due 2031
Issued $400M principal of 4.550% Senior Notes due 2028 and $450M of 4.800% Senior Notes due 2031.
Sherwin-Williams enters new $2.5B revolving credit facility maturing 2029
New $2.5B senior unsecured revolving credit facility, matures July 31, 2029.
Sherwin-Williams Q2 adjusted EPS $3.70, up 12.5%; raises full-year guidance
Consolidated net sales $6.27B (+0.5% YoY); diluted EPS $3.50 (+14%), adj. EPS $3.70 (+12.5%), EBITDA $1.44B (+12.1%).
Sherwin-Williams Q1 adjusted EPS $2.17 beats $2.04 YoY; reaffirms FY2024 guidance
Consolidated net sales down 1.4% to $5.37B; diluted EPS rose 7.1% to $1.97, adjusted EPS up 6.4% to $2.17.
Elected 11 directors; Heidi G. Petz received 199.2M votes for, highest support; all nominees had >88% support excluding broker non-votes.
On November 13, 2024, John G. Morikis, Executive Chairman of the Board of Directors (the “Board”) of The Sherwin-Williams Company (“Sherwin-Williams”), notified Sherwin-Williams of his decision to retire from his position as Executive Chairman, effective as of the close of business on December 31, 2024.
On November 13, 2024, Jane M. Cronin, Senior Vice President – Enterprise Finance (principal accounting officer) (“SVP – Enterprise Finance”) of Sherwin-Williams, notified Sherwin-Williams of her decision to retire from her position as SVP – Enterprise Finance, effective as of the close of business on December 31, 2024.
On November 14, 2024, the Board elected J. Paul Lang, age 48, to serve as SVP – Enterprise Finance & Chief Accounting Officer of Sherwin-Williams, effective January 1, 2025.
On November 14, 2024, the Board elected Heidi G. Petz, currently President and Chief Executive Officer, and a director of Sherwin-Williams, to serve in the additional position of Chair of the Board, effective January 1, 2025.
Max materiality 0.80 · Median 0.60 · Most common event earnings