Sherwin-Williams beats profit estimates, forecasts higher FY net sales
SHW•Outlook lifted for 2026
In its Paint Stores Group, sales grew by 5%, partially offset by a moderate rise in raw material costs and increased costs to support higher sales.
Sherwin-Williams expects adjusted profit per share of $11.80 to $12.20 in 2026, compared with its prior forecast of $11.50 to $11.90.
As of the last close, SHW was up marginally year to date.
Quarterly profit and sales beat estimates
Shares of paintmaker Sherwin-Williams SHW.N were up 5.5% at $345.00 in premarket trading.
The company beat second-quarter profit estimates, posting $3.70 per share versus the $3.52 per share estimate, according to LSEG data.
Net sales rose 7.5% to $6.79 billion from $6.31 billion a year ago.
