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The Sherwin-Williams Company - $SHW STOCK NEWS

Welcome to our dedicated page for The Sherwin-Williams Company news (Ticker: $SHW), a resource for investors and traders seeking the latest updates and insights on The Sherwin-Williams Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Sherwin-Williams Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
The Sherwin-Williams Company reported its 2024 first-quarter financial results, with consolidated net sales decreasing by 1.4% to $5.37 billion. Diluted net income per share increased by 7.1% to $1.97 per share. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) increased by 2.0% to $896.2 million. The company reaffirmed its full-year 2024 diluted net income per share guidance in the range of $10.05 to $10.55 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
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Rhea-AI Summary
The Sherwin-Williams Company (NYSE: SHW) has declared a regular quarterly dividend of $0.715 per common share, payable on June 7, 2024, to shareholders of record on May 17, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
dividends
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Rhea-AI Summary
Sherwin-Williams (SHW) will announce its first quarter 2024 financial results on April 23, 2024. The press release will include information on the financial condition, reportable segment results, and a conference call with executives discussing the results and outlook for the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
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Rhea-AI Summary
The Sherwin-Williams Company (SHW) will host its Financial Community Presentation in Boston, MA on August 29, 2024, featuring key executives like CEO Heidi G. Petz and CFO Allen J. Mistysyn. Registration details will be released later. Contact information for Investor Relations and Media is provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
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none
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Rhea-AI Summary
The Sherwin-Williams Company (SHW) announced an 18.2% increase in its quarterly dividend to $0.715 per common share, payable on March 8, 2024. This marks 45 consecutive years of dividend increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
dividends
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Rhea-AI Summary
Sherwin-Williams (SHW) reported a 4.1% increase in consolidated net sales, reaching a record $23.05 billion for the full year 2023. Diluted net income per share increased 19.8% to $9.25 per share. However, diluted net income per share decreased 6.1% to $1.39 per share in the fourth quarter. The company generated $3.52 billion in net operating cash during the year, enabling it to return $2.06 billion to shareholders through dividends and share repurchases. Full year 2024 diluted net income per share guidance is in the range of $10.05 to $10.55 per share, with adjusted diluted net income per share guidance in the range of $10.85 to $11.35 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
Rhea-AI Summary
Sherwin-Williams Company (NYSE: SHW) will release Q4 and full year 2023 financial results on January 25, 2024. The press release will include information on the financial condition, reportable segment results, and a conference call with President and CEO, Heidi Petz.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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-
Rhea-AI Summary
Sherwin-Williams reports strong Q3 2023 results with a 1.1% increase in consolidated net sales to $6.12 billion. Diluted net income per share increased 12.6% to $2.95 per share. EBITDA increased 12.6% to $1.27 billion. Full-year guidance for diluted net income per share increased to $9.21-$9.41 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
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-
Rhea-AI Summary
Sherwin-Williams declares dividend of $0.605 per common share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
dividends
Rhea-AI Summary
Sherwin-Williams announces Heidi G. Petz as next CEO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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management
The Sherwin-Williams Company

NYSE:SHW

SHW Rankings

SHW Stock Data

81.25B
233.41M
7.85%
79.75%
1.01%
Paint and Coating Manufacturing
Manufacturing
Link
United States of America
CLEVELAND

About SHW

the sherwin-williams company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers in north and south america, europe, and asia. it operates in three segments: paint stores, consumer, and global. the paint stores segment sells paint, coatings, and related products to end-use customers. this segment markets and sells sherwin-williams branded architectural paints and coatings, industrial and marine products, and original equipment manufacturer product finishes and related items.