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 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.
The Sherwin-Williams Company (NYSE: SHW) reported preliminary unaudited sales and earnings for Q4 and full year 2021. Q4 net sales rose by 6.1% year-over-year to $4.76 billion, while diluted EPS is expected to be around $1.15, lower than prior guidance. For the full year, net sales reached $19.94 billion, with diluted EPS expected at $6.96, a decline from $7.36 in 2020. Adjusted EPS for 2021 stands at $8.15, slightly missing previous guidance. The company anticipates ongoing challenges in raw material availability and labor due to COVID-19, which may persist into Q1 2022.
The Sherwin-Williams Company (NYSE: SHW) will reveal its fourth quarter and full year 2021 financial results on January 27, 2022. A press release detailing the company's financial condition and operating segment results will be available before market open. Additionally, a conference call is scheduled for 11:00 a.m. EST on the same day, featuring CEO John Morikis and other executives. Investors can access the webcast on the company's website and will find a replay available two hours post-call.
The Sherwin-Williams Company (NYSE: SHW) reported its third quarter results for 2021, with a net sales increase of 0.5% to $5.15 billion. However, sales from stores in the U.S. and Canada open for over twelve months decreased by 2.8%. Net income per share fell to $1.88, down 26.3% from the prior year. EBITDA also decreased to $834.2 million, or 16.2% of sales. The company anticipates diluted net income guidance for FY21 in the range of $7.16 to $7.36 per share. Despite challenges from raw material shortages, demand remains strong in key markets.
Sherwin-Williams has officially begun construction on its new global Research and Development Center in Brecksville, Ohio. The facility, part of the Building Our Future project, spans 600,000 square feet and aims to foster innovation in product development and coatings research. The total investment for both the R&D Center and a new global headquarters in Cleveland is over $600 million. This initiative will create approximately 400 new jobs, increasing the local workforce by 11%. The R&D Center is expected to open by late 2024.
The Sherwin-Williams Company (NYSE: SHW) has announced a quarterly dividend of $0.55 per common share. This dividend will be payable on December 3, 2021, to shareholders of record as of November 19, 2021. This announcement reflects the company's ongoing commitment to return value to its shareholders, indicating confidence in its financial stability and performance.
The Sherwin-Williams Company (NYSE: SHW) will announce its third-quarter financial results for 2021 before market opening on October 26, 2021. The release will include insights into the company's financial condition and operating segment results, accessible via their investor relations page. Following the release, a conference call led by Chairman and CEO John Morikis will take place at 11:00 a.m. EDT to discuss results and the company's outlook for the fourth quarter and full year 2021.
The Sherwin-Williams Company (NYSE: SHW) has updated its sales and earnings guidance for Q3 and full year 2021, narrowing Q3 consolidated net sales expectations to flat or slightly down compared to 2020. Diluted net income per share is now projected between $1.80 and $1.90. Full year sales are expected to rise by a high single-digit percentage, while net income per share guidance is lowered to $7.21-$7.41, including a loss of $0.34 per share from the Wattyl divestiture. Additionally, the company is acquiring Specialty Polymers, Inc. to enhance production capacity amidst raw material challenges.