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.
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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