Highest-materiality recent filing
Sherwin-Williams Q2 net sales up 7.5% to $6.79B; adj. EPS $3.70, raises FY guidance
Diluted EPS $3.43 (+14.3% YoY); adjusted diluted EPS $3.70 (+9.5% YoY); net income $843.6M (+11.8%).
Sherwin-Williams extends $200M of credit commitments to June 2031
Amendment No. 11 extends $200M of commitments from June 20, 2026 to June 20, 2031.
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.
Sherwin-Williams FY23 record sales $23.05B, adj EPS up 18.6%; guides FY24 adj EPS $10.85-$11.35
Full year 2023 net sales $23.05B (+4.1%); diluted EPS $9.25 (adjusted $10.35, +18.6% YoY).
Sherwin-Williams redeems $122.9M in debentures, including 7.375% notes due 2027 and 7.45% due 2097
Exercises optional redemption for $119.4M of 7.375% debentures due 2027 and $3.5M of 7.45% debentures due 2097.
Sherwin-Williams Q3 adj EPS $3.20, revenue $6.12B; raises FY EPS guidance
Q3 net sales $6.12B (+1.1% YoY); diluted EPS $2.95 (+12.6%); adjusted EPS $3.20 (+13.1%).
Sherwin-Williams names Heidi Petz as next CEO; Morikis to become Executive Chairman
John G. Morikis retiring as CEO effective Dec 31, 2023; will remain Executive Chairman.
Sherwin-Williams Q2 EPS beats; raises full-year guidance
Q2 net sales rose 6.3% to record $6.24B; diluted EPS $3.07 (+38.9% YoY); adjusted diluted EPS $3.29 (+36.5%).
Sherwin-Williams elects Thomas L. Williams to board; board expands to ten members
Thomas L. Williams (Executive Chairman of Parker-Hannifin) elected to Sherwin-Williams Board effective July 18, 2023.
Sherwin-Williams extends $125M of credit commitments to June 2028
Entered Amendment No. 19 to Credit Agreement on May 1, 2023.
Sherwin-Williams Q1 net sales up 8.9% to $5.44B; diluted EPS rises 30.5% to $1.84
Consolidated net sales $5.44B, up 8.9% YoY; Paint Stores Group same-store sales +14.2%.
Sherwin-Williams shareholders reelect 9 directors, approve say-on-pay, and ratify EY for 2023
All 9 director nominees elected; Matthew Thornton III received highest 'For' votes (207.1M), Kerrii Anderson lowest (200.3M).
Sherwin-Williams extends $125M of credit commitments to Dec 2027 via Amendment No. 8
Extended maturity of $125M of revolving credit commitments from June 2023 to December 2027.
Sherwin-Williams reports record 2022 sales $22.15B; 2023 adj. EPS guidance $7.95-$8.65 vs $8.73
Full year net sales $22.15B (+11.1% YoY); diluted EPS $7.72, adjusted diluted EPS $8.73 (up from $8.15).
Sherwin-Williams extends $100M of revolving credit commitments to 2027
Entered Amendment No. 18 to Credit Agreement on Nov 28, 2022.
Sherwin-Williams extends $150M credit commitments maturity to 2027
Amendment No. 17 extends $150M of revolving credit commitments from Dec 20, 2022 to Dec 20, 2027.
Sherwin-Williams Q3 record sales $6.05B (+17.5%), adj EPS $2.83 (+35.4%), reaffirms FY guidance
Record Q3 net sales of $6.05B, up 17.5% YoY; same-store sales in Americas Group up 20.7%.
Sherwin-Williams extends $75M in credit commitments maturity to June 2026
Amendment No. 7 extends $75M of revolving credit commitments from Dec 20, 2022 to June 20, 2026.
Sherwin-Williams extends maturity of $50M credit commitments to Dec 2026
Extended $50M of revolving credit commitments from Dec 20, 2022 to Dec 20, 2026 via Amendment No. 6.
Sherwin-Williams enters new $2.25B five-year credit facility, replaces existing agreement
$2.25 billion credit agreement matures August 30, 2027; can be increased by up to $750 million.
Sherwin-Williams extends $50M credit facility maturity to Dec 2026
Amendment No. 5 extends $50M of revolving letter of credit commitments from Dec 20, 2022 to Dec 20, 2026.
Sherwin-Williams extends $75M of credit commitments to June 2025 via Amendment No. 4
Amendment No. 4 extends $75M of revolving letter of credit commitments originally maturing Dec 20, 2022 to June 20, 2025.
Sherwin-Williams issues $1.0B of senior notes in two tranches
$600M aggregate principal of 4.050% Senior Notes due 2024; $400M of 4.250% Senior Notes due 2025.
Consolidated net sales up 9.2% to $5.87B; same-store sales in Americas Group up 6.4%.
Sherwin-Williams extends $150M revolving credit commitments to 2027 via Amendment No. 16
Extended $150,000,000 of revolving credit commitments from June 20, 2022 to June 20, 2027.
Sherwin-Williams Q1 adj EPS $1.61 down 21.8% YoY; revenue +7.4% to $5.0B; reaffirms FY guidance
Net sales $5.00B (+7.4%); diluted EPS $1.41 vs $1.51; adjusted EPS $1.61 vs $2.06.
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.
the Board of Directors (the "Board") of Sherwin-Williams elected Heidi G. Petz, age 48, to serve as Chief Executive Officer of Sherwin-Williams, effective January 1, 2024.
the Board increased its size from ten to eleven members and elected Ms. Petz to fill the resulting vacancy, effective October 10, 2023.
John G. Morikis, Chairman and Chief Executive Officer of The Sherwin-Williams Company ("Sherwin-Williams"), notified Sherwin-Williams that he has decided to retire from his position as Chief Executive Officer, effective as of the close of business on December 31, 2023.
On July 18, 2023, the Board of Directors (the “Board”) of The Sherwin-Williams Company (“Sherwin-Williams”) increased the size of the Board from nine to ten members and elected Thomas L. Williams to fill the resulting vacancy, effective immediately.
Sherwin-Williams also announced that, effective March 1, 2022, the Board has elected Justin T. Binns as President, The Americas Group, succeeding Ms. Petz, and Karl J. Jorgenrud as President, Performance Coatings Group, succeeding Mr. Binns.
The Sherwin-Williams Company (“Sherwin-Williams”) announced that, on February 16, 2022, its Board of Directors (the “Board”) elected Heidi G. Petz to the position of President and Chief Operating Officer effective March 1, 2022.
Sherwin-Williams also announced that, effective March 1, 2022, the Board has elected Justin T. Binns as President, The Americas Group, succeeding Ms. Petz, and Karl J. Jorgenrud as President, Performance Coatings Group, succeeding Mr. Binns.
On August 29, 2021, the Board of Directors (the “Board”) of The Sherwin-Williams Company (“Sherwin-Williams”) increased the size of the Board from ten to eleven members and elected Marta R. Stewart to fill the resulting vacancy, effective immediately.
Max materiality 0.85 · Median 0.53 · Most common event debt