Welcome to our dedicated page for Sherwin-Williams news (Ticker: SHW), a resource for investors and traders seeking the latest updates and insights on Sherwin-Williams stock.
The Sherwin-Williams Company (NYSE: SHW) is a global manufacturer and distributor of paint, coatings and related products, and its news flow reflects activity across professional, industrial, commercial and retail markets. Founded in 1866 and headquartered in Cleveland, Ohio, the company reports under groups such as the Paint Stores Group, Consumer Brands Group and Performance Coatings Group, and regularly issues updates on its financial performance, strategy and brand portfolio.
Investors following SHW news will see quarterly earnings releases and conference call announcements, where Sherwin-Williams discusses consolidated net sales, segment results and guidance for diluted and adjusted diluted net income per share. These updates often highlight trends in professional end markets like protective and marine, residential repaint and commercial, as well as conditions in do‑it‑yourself demand and industrial coatings categories such as packaging and automotive refinish.
Company news also covers strategic transactions and financing. In 2025, Sherwin-Williams announced and then completed the acquisition of Suvinil Coatings S.A., BASF's Brazilian architectural paints business, adding the Suvinil and Glasu! brands to its Consumer Brands Group. Filings and press releases describe related financing steps, including a delayed draw term loan credit agreement, amendments to revolving credit facilities and senior notes offerings.
Other recurring items in SHW news include dividend declarations, details on share repurchases, leadership and governance updates such as the planned transition to a new Chief Financial Officer, and brand and product announcements like the selection of a Color of the Year in collaboration with HGTV HOME by Sherwin-Williams. For readers tracking SHW, this news page aggregates these developments so they can review earnings commentary, capital allocation decisions, acquisitions and brand initiatives in one place.
Sherwin-Williams has officially begun construction on its new global Research and Development Center in Brecksville, Ohio. The facility, part of the Building Our Future project, spans 600,000 square feet and aims to foster innovation in product development and coatings research. The total investment for both the R&D Center and a new global headquarters in Cleveland is over $600 million. This initiative will create approximately 400 new jobs, increasing the local workforce by 11%. The R&D Center is expected to open by late 2024.
The Sherwin-Williams Company (NYSE: SHW) has announced a quarterly dividend of $0.55 per common share. This dividend will be payable on December 3, 2021, to shareholders of record as of November 19, 2021. This announcement reflects the company's ongoing commitment to return value to its shareholders, indicating confidence in its financial stability and performance.
The Sherwin-Williams Company (NYSE: SHW) will announce its third-quarter financial results for 2021 before market opening on October 26, 2021. The release will include insights into the company's financial condition and operating segment results, accessible via their investor relations page. Following the release, a conference call led by Chairman and CEO John Morikis will take place at 11:00 a.m. EDT to discuss results and the company's outlook for the fourth quarter and full year 2021.
The Sherwin-Williams Company (NYSE: SHW) has updated its sales and earnings guidance for Q3 and full year 2021, narrowing Q3 consolidated net sales expectations to flat or slightly down compared to 2020. Diluted net income per share is now projected between $1.80 and $1.90. Full year sales are expected to rise by a high single-digit percentage, while net income per share guidance is lowered to $7.21-$7.41, including a loss of $0.34 per share from the Wattyl divestiture. Additionally, the company is acquiring Specialty Polymers, Inc. to enhance production capacity amidst raw material challenges.
The Sherwin-Williams Company (NYSE: SHW) has selected five minority and female-owned firms for construction management in its Building Our Future project, which includes a new global headquarters in Cleveland and an R&D center in Brecksville. The project will require a minimum investment of $600 million and aims to create over 400 jobs, representing an 11% increase in the local workforce. The new facilities will accommodate over 3,500 employees across approximately 1,000,000 square feet for the headquarters and 600,000 square feet for the R&D center.
The Sherwin-Williams Company (NYSE: SHW) has revised its third quarter 2021 net sales guidance to project a change of low-single digits compared to Q3 2020, while maintaining its full-year guidance for sales growth in the high-single to low-double digit range. Diluted net income per share guidance stays unchanged at $8.01 to $8.31, reflecting acquisition-related expenses and losses from the Wattyl divestiture. The company cites continued strong demand but warns of significant raw material availability issues, exacerbated by Hurricane Ida, expected to negatively impact sales by a high-single-digit percentage for Q3.
The Sherwin-Williams Company (NYSE: SHW) announced an agreement to acquire Sika AG's European industrial coatings business, expected to close in early 2022. This acquisition, valued at approximately $82 million, aims to enhance Sherwin-Williams' performance coatings segment, leveraging Sika's corrosion protection systems for various infrastructures. Approximately 130 employees from Sika are set to join Sherwin-Williams, which anticipates synergies that will boost its financial performance.Sales of Sika's business were CHF 75 million ($82 million) in 2020.
The Sherwin-Williams Company (NYSE: SHW) reported a 16.9% increase in consolidated net sales for Q2 2021, reaching $5.38 billion. The diluted net income per share rose to $2.42, while adjusted diluted net income per share increased 11.8% to $2.65. EBITDA improved to $1.05 billion, constituting 19.5% of sales. The company reaffirmed its FY21 guidance for diluted net income per share between $8.01 and $8.31. However, raw material cost inflation and supply chain constraints presented challenges.
The Sherwin-Williams Company (NYSE: SHW) has announced a regular quarterly dividend of $0.55 per common share. This dividend is payable on September 10, 2021, to shareholders of record as of August 20, 2021. This consistent dividend payment reflects the company's ongoing commitment to returning value to its shareholders.
TransDigm Group appointed Jane M. Cronin to its Board of Directors on July 1, 2021. Cronin, currently Senior Vice President – Corporate Controller of Sherwin Williams, brings extensive experience in public company accounting and integration with acquisitions. Her addition is anticipated to enhance TransDigm's financial oversight and strategic growth. The Board confirmed her independence under NYSE and SEC standards, reflecting a commitment to strong governance. TransDigm is recognized for providing engineered aircraft components to the aerospace industry.
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