Sherwin-Williams jumps on profit beat, forecasts higher FY earnings

Sherwin-Williams

28/07/2026 14:40

Updates
** Shares of paintmaker Sherwin-Williams SHW.N up 6.5% at $348.57, on track for their best day since April 8 
** Co beats Q2 profit estimates; posts $3.70 per share vs est. $3.52 per share- LSEG data
** Net sales rise 7.5% to $6.79 billion from $6.31 billion a year ago
** 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
** Expects adjusted profit per share of $11.80 to $12.20 in 2026 vs prior forecast of $11.50 to $11.90
** It also forecast net sales growth in the mid-to-high single-digit percentage range in 2026, compared with its earlier expectations of low-to-mid single-digit growth
** Including session's moves, SHW up ~8% YTD

 (Reporting by Dharna Bafna in Bengaluru)
 ((Dharna.bafna@thomsonreuters.com))