Overview

* Sherwin-Williams ( SHW ) Q3 net sales rise 3.2% to $6.36 bln, beating analyst expectations

* Adjusted EPS for Q3 beats consensus, rising 6.5% to $3.59

* Company returned $864 mln to shareholders via buybacks and dividends in Q3

Outlook

* Sherwin-Williams ( SHW ) expects full-year 2025 net sales to rise low-single digit %

* Company narrows full-year 2025 diluted EPS guidance to $10.16-$10.36

* Sherwin-Williams ( SHW ) sees Q4 net sales up low to mid-single digit %

Result Drivers

* PAINT STORES GROWTH - Sales in Paint Stores Group increased due to selling price increases and volume growth, with strong performance in protective and marine sectors

* PERFORMANCE COATINGS GROWTH - Performance Coatings Group sales rose, driven by Packaging and Automotive Refinish, despite mixed regional and business sales impact

* CONSUMER BRANDS CHALLENGES - Consumer Brands Group sales declined due to soft DIY demand in North America and Latin America, offset by growth in Europe

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $6.36 $6.19

bln bln (18

Analysts

)

Q3 Beat $3.59 $3.44

Adjusted (21

EPS Analysts

)

Q3 EPS $3.35

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 12 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the commodity chemicals peer group is "buy"

* Wall Street's median 12-month price target for Sherwin-Williams Co ( SHW ) is $385.00, about 12.7% above its October 27 closing price of $336.08

* The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)