Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Sherwin-Williams (SHW) Founded in 1866 and headquartered in Cleveland, OH, The Sherwin-Williams Company is into manufacturing and sales of paints, coatings and related products, primarily in the North and South America. It also has operations in the Caribbean region, Europe and Asia. Sherwin-Williams is one of the biggest paint companies in the United States and in the world. Its well-known brands include Du ...

The deferred compensation plan assets consist of the investment funds maintained for future payments under the Company's executive deferred compensation plans, which are structured as rabbi trusts. The investments are marketable securities accounted for under the Debt and Equity Securities Topics of the ASC. The Level 1 investments are valued using quoted market prices multiplied by the number of shares. The deferred compensation plan assets also include partnership funds measured using net asset value (or ...

The Sherwin-Williams Company (NYSE:SHW) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Heidi Petz - President and CEO Allen Mistysyn - CFO Jim Jaye - SVP of Investor Relations & Corporate Communications Conference Call Participants Vincent Andrews - Morgan Stanley Chris Parkinson - Wolfe Research Arun Viswanathan - RBC Capital Markets Jeff Zekauskas - JPMorgan John McNulty - BMO Capital Markets Michael Sison - Wells Fargo Adam Baumgarten - Zelman Michael Leithead - Barc ...

Americans are buying more paint and are willing to pay higher prices for it. "Led by strong performance in the Paint Stores Group, we continued to execute on our proven strategy across the company to deliver consolidated sales within our expectations, gross margin expansion, EBITDA growth, and a 12.5% ... increase in adjusted diluted net income per share," CEO Heidi G. Petz said in a statement. Investors knew coming into this earnings season that high interest rates have eaten into home construction and ren ...

Net sales in the Performance Coatings Group rose roughly 0.6% year over year to around $1,806.4 million in the reported quarter, beating the consensus estimate of $1,793.6 million. Performance Coating's net sales increased primarily due to 1.7% incremental sales from an acquisition, which were slightly offset by a 1% negative currency translation. Sales volumes were varied by region and business. Industrial Wood, Coil and Automotive Refinish in North America aided the performance, which was partly offset by ...

Sherwin-Williams (SHW) came out with quarterly earnings of $3.70 per share, beating the Zacks Consensus Estimate of $3.51 per share. This compares to earnings of $3.29 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary o ...

| --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------|-------|------------------|-------|-----------------------------------|-----------------|-------------------------------|----------------------| | Paint Stores Group (PSG) \nNet sales | $ | 2024 \n3,619.9 | $ | Three Months \n2023 \n3,498.7 | Ended \n$ \n$ | June 30, \nChange \n121.2 | % Change \n3.5 % | | (1) Same-store sales change | | 2.4% | | 9.5% | | | | | Segment profit | $ | 907.1 | $ | 849.3 | $ | 57.8 ...

CEO REMARKS "Led by strong performance in the Paint Stores Group, we continued to execute on our proven strategy across the Company to deliver consolidated sales within our expectations, gross margin expansion, EBITDA growth, and a 12.5% percent increase in adjusted diluted net income per share," said President and Chief Executive Officer, Heidi G. Petz. "We generated strong cash flow and continued to execute our disciplined capital allocation strategy, including returning $1.34 billion to our shareholders ...

The Sherwin-Williams Company (SHW) is scheduled to release second-quarter 2024 results before the opening bell on Jul 23. The company beat the Zacks Consensus Estimate for earnings in three of the last four quarters while missing once, the average surprise being 8.5%. Image Source: Zacks Investment Research Sherwin-Williams' shares have gained 20.1% in the past year in line with the industry's rise. What Do the Estimates Say? The company is taking restructuring measures focused on the Consumer Brands Group, ...

Sherwin-Williams has a healthy dividend and is a well-rounded company worth considering now. A primer on Sherwin-Williams Earlier this year, Sherwin-Williams announced an 18.2% dividend raise -- marking the 45th consecutive year of increasing its payout. That puts it on track to become a Dividend King by 2029. Dividend Kings are S&P 500 companies that have paid and raised their dividends for at least 50 consecutive years. Sherwin-Williams is a conglomerate whose portfolio extends far beyond its flagship She ...