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.
Sherwin-Williams (SHW) maintains its leadership in paints and coatings through continuous innovation across architectural, industrial, and consumer markets. This news hub provides investors and professionals with essential updates on corporate developments, financial performance, and market strategies.
Access real-time press releases covering earnings disclosures, product innovations, sustainability initiatives, and strategic partnerships. Our curated collection includes analysis of regulatory changes impacting the coatings industry and SHW's responses to raw material market fluctuations.
Key focus areas include technological advancements in water-based coatings, expansion of professional painter support programs, and global supply chain developments. Bookmark this page for immediate access to SHW's latest corporate communications, including SEC filings and leadership updates.
Nordson (NASDAQ: NDSN) has appointed Maria Spangler as director of Nordson Foundation and Community Relations, effective Dec. 2, 2024. She succeeds Cecilia Render, who will retire on Dec. 31, 2024. Spangler brings over 15 years of experience from Sherwin-Williams, where she most recently served as director of community engagement. In her previous role, she led community engagement strategy and corporate giving programs. The appointment reinforces Nordson's commitment to community investment through their Nordson Impact philanthropy initiative.
Sherwin-Williams announced that Executive Chairman John G. Morikis will retire on December 31, 2024, after 40 years with the company. He will remain on the Board until April 2025. The Board has elected current President and CEO Heidi G. Petz to assume the additional role of Chair effective January 1, 2025.
Petz joined Sherwin-Williams through the Valspar acquisition in 2017 and has held various leadership positions including President of Consumer Brands Group and The Americas Group. The Board believes this unified leadership structure, with Petz serving as both CEO and Chair, will provide the most efficient and effective model for the company.
Sherwin-Williams (NYSE: SHW) reported its Q3 2024 financial results, showing a 0.7% increase in consolidated net sales to $6.16 billion. The company's diluted net income per share rose 7.8% to $3.18, while adjusted diluted net income per share increased 5.3% to $3.37. EBITDA grew 1.2% to $1.28 billion, representing 20.8% of net sales.
The Paint Stores Group saw a 3.2% increase in net sales, driven by low-single digit sales volume growth and higher selling prices. The Consumer Brands Group experienced a 7.5% decrease in net sales due to soft DIY demand in North America. The Performance Coatings Group's net sales remained relatively flat.
Sherwin-Williams reaffirmed its full-year 2024 guidance, expecting diluted net income per share between $10.30 and $10.60, and adjusted diluted net income per share between $11.10 and $11.40. The company anticipates Q4 2024 consolidated net sales to be flat to up a low-single digit percentage compared to Q4 2023.
Sherwin-Williams (NYSE: SHW) has announced a regular quarterly dividend of $0.715 per common share. The dividend will be payable on December 6, 2024, to shareholders of record on November 15, 2024. This announcement was made by the company's Board of Directors on October 16, 2024.
The press release provides contact information for Investor Relations and Media representatives, including Jim Jaye (Senior Vice President, Investor Relations & Corporate Communications), Eric Swanson (Vice President, Investor Relations), and Julie Young (Vice President, Global Corporate Communications).
Sherwin-Williams (NYSE: SHW) has announced it will release its third quarter 2024 financial results on October 22, 2024, before the market opens. The company will host a conference call at 10:00 a.m. EDT on the same day to discuss the results and provide outlook for Q4 and full year 2024. Heidi Petz, President and CEO, along with other senior executives, will participate in the call.
The conference call will be webcast live and available for replay on the Sherwin-Williams investor relations website. Detailed financial information, including reportable segment results, will be accessible through a press release link on the company's website.
Sherwin-Williams (NYSE: SHW) has announced its upcoming Financial Community Presentation scheduled for August 29, 2024, in Boston, MA. The event will take place at the State Room, starting at 1:30 p.m. ET. Key presenters include President and CEO Heidi G. Petz and CFO Allen J. Mistysyn, along with other senior leaders.
The presentation will be webcast live with accompanying slides, accessible through the Sherwin-Williams investor relations website. In-person attendance is possible by registering online. Following the presentations, there will be a Q&A session and reception. Presentation slides will be made available on the company's website after the event concludes.
Sherwin-Williams (NYSE: SHW) reported its Q2 2024 financial results, showing consolidated net sales up 0.5% to $6.27 billion. The company saw diluted net income per share increase 14.0% to $3.50, while adjusted diluted net income per share rose 12.5% to $3.70. EBITDA grew 12.1% to $1.44 billion. The Paint Stores Group led performance with a 3.5% increase in net sales and 6.8% growth in segment profit. Consumer Brands Group sales declined 10.7%, while Performance Coatings Group sales increased slightly by 0.6%. Sherwin-Williams has increased its full-year 2024 guidance, now expecting diluted net income per share between $10.30 and $10.60, and adjusted diluted net income per share ranging from $11.10 to $11.40.
The Sherwin-Williams Company (NYSE: SHW) has announced a regular quarterly dividend of $0.715 per common share. This dividend will be payable on September 6, 2024, to shareholders of record on August 16, 2024. The announcement was made by the company's Board of Directors on July 17, 2024. This dividend declaration demonstrates Sherwin-Williams' commitment to returning value to its shareholders and may indicate the company's financial stability and confidence in its future performance.
The Sherwin-Williams Company (NYSE: SHW) will announce its financial results for the second quarter of 2024 on July 23, 2024, before the market opens. The release will include information on the company's financial health and segment performances.
A conference call will follow at 11:00 a.m. EDT, where CEO Heidi Petz and other senior executives will discuss the results and provide outlooks for Q3 and the full year 2024. The webcast of the call will be available on the Sherwin-Williams website, with an archived replay accessible two hours post-call.
Contact information for Investor Relations and Corporate Communications is provided in the release.
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