Sherwin-Williams Co.
Sherwin-Williams Reports Q3 2024 Earnings Beat and Maintains Guidance
Summary
The Sherwin-Williams Company reported a 7.8% increase in diluted net income per share for the third quarter of 2024, achieving $3.18 per share. The company also saw a 5.3% rise in adjusted diluted net income per share to $3.37 per share. Consolidated net sales increased by 0.7% to $6.16 billion, and EBITDA rose 1.2% to $1.28 billion. Sherwin-Williams maintained its full-year 2024 earnings guidance, with diluted net income per share expected in the range of $10.30 to $10.60 and adjusted diluted net income per share in the range of $11.10 to $11.40. The press release, which includes detailed financial results and segment performance, is furnished as Exhibit 99.1.
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Exhibits (1)
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About Sherwin-Williams Co.
Sherwin-Williams Co. is a global leader in the production and distribution of paints and coatings. Established in 1866 and headquartered in Cleveland, Ohio, the company serves both professional and retail customers. Sherwin-Williams provides a comprehensive range of products, including interior and exterior paints, protective coatings, and industrial finishes, catering to various sectors such as construction, automotive, and aerospace industries. The company operates through its numerous retail stores, with a significant presence in North America, and extends its reach via third-party retailers and distributors worldwide. Its innovation-driven approach focuses on developing sustainable solutions and high-quality products to meet the diverse needs of its clientele. In the financial market, Sherwin-Williams Co. is recognized for its stability and influence in the materials sector, playing a pivotal role in advancing industry standards and technological advancements in paints and coatings. Its strategic initiatives and robust R&D capabilities underscore its commitment to growth and its impact on global construction and manufacturing applications.
Official SEC Documents
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