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) has revised its net sales guidance upwards for Q3 2020, expecting a 3-5% increase compared to Q3 2019. This is a significant change from previous guidance of low-single-digit fluctuations. For the full year, consolidated net sales are anticipated to be flat to slightly up, compared to 2019. Diluted net income per share guidance has also been raised to $20.96-$21.46, up from $19.21-$20.71. The positive outlook is attributed to strong demand in architectural coatings and improved performance in the industrial sector.
Sherwin-Williams Company (NYSE: SHW) has announced key partners for its new global headquarters and R&D center in Cleveland, with a planned investment of at least $600 million. The headquarters will span approximately 1 million square feet, while the R&D center will cover 500,000 square feet. This development is expected to create 400 new jobs, increasing the local workforce by 11%. The timeline for completion has been updated to 2024, shifting from the previously expected late 2023 date.
The Sherwin-Williams Company (NYSE: SHW) reported Q2 2020 net sales of $4.60 billion, a 5.6% decrease largely due to COVID-19 impacts, while year-to-date net sales fell 1.9% to $8.75 billion. Despite the sales decline, diluted EPS rose to $6.48 from $5.03 in Q2 2019. Adjusted EBITDA increased 6.2% to $979 million. The company raised its FY20 diluted EPS guidance to $19.21-$20.71, up from a previous range of $16.46-$18.46. Net operating cash surged 42% to $1.07 billion. The Consumer Brands Group saw a 21.8% sales increase, while the Performance Coatings Group experienced a 16.5% sales drop.
The Sherwin-Williams Company (NYSE: SHW) announced a regular quarterly dividend of $1.34 per common share, payable on September 11, 2020. Shareholders of record as of August 21, 2020 will receive this distribution. This move reflects the company's ongoing commitment to return value to its shareholders despite the economic challenges posed by the pandemic.
The Sherwin-Williams Company (NYSE: SHW) will announce its second quarter financial results on July 28, 2020, before market opening. Investors can access the press release and other financial information on the company's website. A conference call will be held at 11:00 a.m. EDT on the same day, featuring Chairman and CEO John Morikis and senior executives, discussing financial results and the outlook for Q3 and the full year 2020. Details on accessing the webcast are provided in the release.
The Sherwin-Williams Company (NYSE: SHW) has raised its guidance for second quarter 2020 consolidated net sales, now anticipating a mid-single-digit percentage decrease compared to Q2 2019, an improvement from the previous low to mid-teens guidance. The Americas Group expects a high-single-digit decline, better than earlier forecasts. Consumer Brands Group is projected to outperform previous expectations, while Performance Coatings will remain consistent with past guidance. The company credits strong demand in North American architectural businesses and adaptability during the pandemic.