Sherwin-Williams Raises Guidance

Sherwin-Williams (SHW) raised its Q3 sales guidance, and it sales and income guidance for the full year. The company now sees Q3 sales rising by 3% to 5% over last year’s Q3. The previous guidance was for sales to be up or down by a “low-single-digit” percentage.

For all of 2020, Sherwin sees sales “flat to up slightly” over last year. The previous guidance was for flat. For full-year earnings, Sherwin sees a range of $20.96 to $21.46 per share. The previous guidance was $19.21 to $20.71 per share. That includes $2.54 per share in an acquisition-related amortization expense.

Earnings are due out on October 27.

Posted by on September 29th, 2020 at 4:28 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.