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 Foundation has teamed up with the Urban League of Greater Cleveland to launch the Construction Accelerator Program (CAP), aimed at boosting minority-owned businesses in Northeast Ohio's construction sector. The initiative will provide eligible businesses with access to capital, mentorship, and training, enhancing their capabilities for growth. Sherwin-Williams is committing a minimum of $600 million to its global headquarters project, aligning with its economic inclusion objectives. This partnership seeks to break down barriers and create sustainable opportunities in the construction industry.
The Sherwin-Williams Company (NYSE: SHW) reported Q1 2022 results with a 7.4% increase in consolidated net sales to $5.00 billion. However, diluted net income per share fell to $1.41, down from $1.51 year-over-year. Adjusted diluted net income also decreased to $1.61 from $2.06. The company reaffirmed its full-year diluted EPS guidance of $8.40 to $8.80 and adjusted EPS of $9.25 to $9.65. Despite challenges from cost inflation and raw material availability, management expressed confidence in future growth.
The Sherwin-Williams Company (NYSE: SHW) has declared a quarterly dividend of $0.60 per common share, scheduled for payment on June 3, 2022. Shareholders on record by May 20, 2022 will receive this dividend. This announcement reflects the company's commitment to return value to its shareholders, maintaining a consistent dividend policy.
The Sherwin-Williams Company (NYSE: SHW) has finalized its acquisition of Sika AG's European industrial coatings business, enhancing its Performance Coatings Group. This strategic move adds approximately 115 employees and expands Sherwin-Williams' manufacturing and service capabilities. The acquired business, based in Germany, generated CHF 75 million (around $82 million) in sales for 2020. Sherwin-Williams aims to leverage unique technologies and synergies to drive growth across Europe and other regions.
The Sherwin-Williams Company (NYSE: SHW) will announce its financial results for Q1 2022 on April 26, 2022, prior to market opening. A conference call will be held at 11:00 a.m. EDT on the same day, featuring insights from CEO John Morikis and senior executives. Investors can access the press release and results via the company's website. The conference call will provide an outlook for Q2 and full year 2022. Archived webcasts will be available shortly after the call.
The Sherwin-Williams Company (NYSE: SHW) has appointed Heidi G. Petz as President and Chief Operating Officer, effective March 1, 2022. Petz, who has been with the company since the Valspar acquisition in June 2017, will oversee all operating segments including The Americas Group and the Performance Coatings Group. Additionally, Justin T. Binns will become President of The Americas Group, and Karl J. Jorgenrud will lead the Performance Coatings Group, both effective the same date. The leadership changes reflect Sherwin-Williams' commitment to management development and succession planning.
The Sherwin-Williams Company (NYSE: SHW) announced a quarterly dividend of $0.60 per share, a 9.1% increase from $0.55 in the same quarter last year. This dividend, reflecting 43 consecutive years of increases, will be paid on March 11, 2022, to shareholders on record as of February 28, 2022. This action reaffirms the company's commitment to returning value to shareholders amidst a competitive market.
The Sherwin-Williams Company (NYSE: SHW) has announced a major expansion of its manufacturing and distribution capabilities in Statesville, North Carolina. The company plans to invest at least $300 million and create over 180 new full-time jobs within three years, effectively doubling its current workforce. The project includes a 36,000-square-foot expansion of the manufacturing facility and the construction of an 800,000-square-foot distribution center. Additionally, Sherwin-Williams will receive around $30 million in incentives from local and state governments.
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The Sherwin-Williams Company (NYSE: SHW) reported a record net sales of $19.94 billion for the year ending December 31, 2021, an increase of 8.6% year-over-year. However, diluted net income per share decreased to $6.98 compared to $7.36 in 2020. In Q4, net sales rose 6.1%, while diluted net income per share was $1.15, down from $1.49 in the prior year. The company expects full-year 2022 diluted EPS guidance between $8.40 to $8.80, reflecting a 23.2% increase at the midpoint. Supply chain challenges and raw material costs continued to impact operations.