Welcome to our dedicated page for Sherwin-Williams news (Ticker: SHW), a resource for investors and traders seeking the latest updates and insights on Sherwin-Williams stock.
The Sherwin-Williams Company (NYSE: SHW) is a global manufacturer and distributor of paint, coatings and related products, and its news flow reflects activity across professional, industrial, commercial and retail markets. Founded in 1866 and headquartered in Cleveland, Ohio, the company reports under groups such as the Paint Stores Group, Consumer Brands Group and Performance Coatings Group, and regularly issues updates on its financial performance, strategy and brand portfolio.
Investors following SHW news will see quarterly earnings releases and conference call announcements, where Sherwin-Williams discusses consolidated net sales, segment results and guidance for diluted and adjusted diluted net income per share. These updates often highlight trends in professional end markets like protective and marine, residential repaint and commercial, as well as conditions in do‑it‑yourself demand and industrial coatings categories such as packaging and automotive refinish.
Company news also covers strategic transactions and financing. In 2025, Sherwin-Williams announced and then completed the acquisition of Suvinil Coatings S.A., BASF's Brazilian architectural paints business, adding the Suvinil and Glasu! brands to its Consumer Brands Group. Filings and press releases describe related financing steps, including a delayed draw term loan credit agreement, amendments to revolving credit facilities and senior notes offerings.
Other recurring items in SHW news include dividend declarations, details on share repurchases, leadership and governance updates such as the planned transition to a new Chief Financial Officer, and brand and product announcements like the selection of a Color of the Year in collaboration with HGTV HOME by Sherwin-Williams. For readers tracking SHW, this news page aggregates these developments so they can review earnings commentary, capital allocation decisions, acquisitions and brand initiatives in one place.
The Sherwin-Williams Company (NYSE: SHW) announced the election of Aaron M. Powell to its Board of Directors during the Annual Meeting of Shareholders on April 21, 2021. Powell currently serves as President of Asia-Pacific Consumer Business for Kimberly-Clark Corporation and brings significant experience in global markets and operations. He has held various leadership roles within Kimberly-Clark since joining in 2007. His election is anticipated to enhance the board's diverse perspectives and contribute positively to Sherwin-Williams' strategies and shareholder interests.
The Sherwin-Williams Company (NYSE: SHW) announced a quarterly dividend of $0.55 per common share, payable on June 4, 2021, to shareholders of record on May 21, 2021. This dividend rate reflects the 3-for-1 stock split executed on March 31, 2021, and remains unchanged from the prior dividend of $1.65 on a pre-split adjusted basis. The announcement signals the company's commitment to returning value to its shareholders amidst ongoing market trends.
The Sherwin-Williams Company (NYSE: SHW) will release its first quarter financial results on April 27, 2021, prior to market opening. The press release will provide details on financial conditions and operating segments. A conference call with Chairman and CEO John Morikis will occur at 11:00 a.m. EDT the same day, discussing results and future outlook. The call can be accessed via the company website and will be available for replay shortly after.
The Sherwin-Williams Company (NYSE: SHW) announced the resignation of President and COO David B. Sewell, effective March 12, 2021, as he takes a CEO position outside the coatings industry. Chairman and CEO John G. Morikis expressed gratitude for Sewell's 14 years of service. Morikis will also take on the President role, overseeing Sewell's duties during this transition. The company remains focused on delivering customer solutions and executing initiatives for long-term success.
The Sherwin-Williams Company (NYSE: SHW) has signed a purchase agreement with Hempel A/S to divest its Wattyl business in Australia and New Zealand. The transaction involves a business generating approximately $200 million USD in annual revenue and employing 750 staff. Expected to close in Q1 2021, this decision aims to realign company resources towards opportunities with greater growth and returns. Wattyl was acquired in 2017 through Sherwin-Williams' purchase of Valspar, and its performance no longer meets the company's strategic criteria.
The Sherwin-Williams Company (NYSE: SHW) announced a quarterly dividend of $1.65 per share, marking a 23.1% increase from $1.34 in the same quarter of 2020. The dividend will be paid on March 12, 2021, to shareholders of record as of March 1, 2021. Additionally, the Board authorized the repurchase of 15 million shares for treasury, with adjustments following a three-for-one stock split announced on February 3, 2021. This buyback authorization has no expiration date and aims to support general corporate purposes.
The Sherwin-Williams Company (NYSE: SHW) will conduct its annual Financial Community Presentation (FCP) virtually on June 8, 2021, from 9:00 am to 12:00 pm EDT, ensuring health safety amid the COVID-19 pandemic. This year's agenda includes a technology showcase and highlights on environmental, social, and governance (ESG) initiatives. Registration details will be shared closer to the event, with a live audio webcast available on the day. Sherwin-Williams is a leading global manufacturer of paint and coatings, offering sought-after brands through an extensive retail network.
The Sherwin-Williams Company (NYSE: SHW) announced a three-for-one stock split approved by its Board of Directors to enhance stock accessibility for employees and investors. Shareholders on record as of March 23, 2021 will receive two additional shares for each share held, with distribution after market close on March 31, 2021. Post-split trading will commence on April 1, 2021. This decision aims to broaden the investor base and facilitate employee ownership.
For the year ended December 31, 2020, Sherwin-Williams reported record net sales of $18.36 billion, up 2.6%, with fourth-quarter sales at $4.49 billion, a 9.1% increase. Full-year diluted net income per share rose 33.9% to $22.08, excluding acquisition-related costs, adjusted EPS was $24.58. Net operating cash increased 47% to $3.41 billion. The company forecasts 2021 diluted EPS between $23.87 and $24.67, anticipating mid-to-high single-digit sales growth. The Americas Group and Consumer Brands Group showed strong sales, while Performance Coatings Group saw a decline.
The Sherwin-Williams Company (NYSE: SHW) will announce its financial results for the fourth quarter and full year 2020 on January 28, 2021. A press release detailing the company's financial condition, operating segment results, and additional information will be available before market opening. Additionally, a conference call will be held at 11:00 a.m. EST on the same day, featuring comments from Chairman and CEO John Morikis and other executives. The call will be webcast live.