Sherwin-Williams beats Q2 sales estimates, raises 2026 adjusted EPS guidance
Reuters2026/07/28 11:11
Overview
Paints and coatings maker's Q2 sales rose 7.5%, beating analyst expectations
Adjusted EPS for Q2 rose 9.5%, beating analyst expectations
Company raised full-year 2026 adjusted EPS guidance
Outlook
Sherwin-Williams raises full-year 2026 diluted EPS guidance to $10.92-$11.32
Company expects full-year 2026 adjusted diluted EPS of $11.80-$12.20
Sherwin-Williams sees 2026 net sales up mid to high-single digit percentage
Result Drivers
PRICE INCREASES - Co said selling price increases, particularly in Paint Stores and Performance Coatings, contributed to higher net sales
ACQUISITION IMPACT - Co said the October 2025 acquisition of Suvinil drove net sales growth in Consumer Brands Group
RAW MATERIAL COSTS - Co said moderate rise in raw material costs pressured gross margin, prompting further pricing actions
Company press release: ID:nPn9VT8H4a
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q2 Sales |
Beat |
$6.79 bln |
$6.60 bln (15 Analysts) |
Q2 Adjusted EPS |
Beat |
$3.70 |
$3.52 (19 Analysts) |
Q2 EPS |
|
$3.43 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 12 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commodity chemicals peer group is "buy"
Wall Street's median 12-month price target for Sherwin-Williams Co is $380.00, about 16.1% above its July 27 closing price of $327.27
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 26 three months ago
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July 28 - UK's Croda H1 sales rise on Consumer Care growth
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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