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Why Sherwin-Williams Stock Dropped Today and Took Home Depot and Lowe's Down Too
SHWSherwin-Williams(SHW) The Motley Fool·2024-10-22 17:42

A tough environment for Sherwin-Williams might mean an opportunity for investors.Shares of paint and coatings supplier Sherwin-Williams (SHW -3.98%) dropped as much as almost 5% after it reported third-quarter earnings today. The company missed Wall Street analyst expectations for both earnings per share and revenue.That not only led to the stock's plunge, but also declines in leading home improvement stocks Home Depot (HD -1.28%) and Lowe's (LOW -1.65%). As of 1:10 p.m. ET, Sherwin-Williams stock was still ...