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 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%).
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 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 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 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 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 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.
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 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 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 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 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%.
Consolidated net sales up 9.2% to $5.87B; same-store sales in Americas Group up 6.4%.
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